UGC NET Indian Partnership Act Previous Year Questions
JRFSmart holds 6 previous-year questions on Indian Partnership Act from UGC NET Commerce (Paper 2), filed under Unit 9: Legal Aspects of Business, drawn from 6 of the 22 exam papers in the bank (2020–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Indian Partnership Act
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Application of assets on dissolution | 2 |
| Forms of partnership and mutual agency | 1 |
| Rights and duties of partners | 1 |
| Rights of a partner on dissolution | 1 |
| Kinds of partnership | 1 |
NTA repeat analysis
Indian Partnership Act appears in 6 of 22 papers (27%), which JRFSmart rates as medium frequency.
Sample previous-year questions
Identify the correct order in which the assets of the firm shall be applied in case of dissolution of a partnership firm A. Paying to each partner rateably what is due to him from the firm for advances as distinguished from capital. B. Paying the residues if…
"If a partnership formed to carry on a business without specifying any period of time and continues so long as the partners are willing to carry" is called:
Which one of the following rights is usually not available to a partner consequent to the dissolution of a firm?
The assets of the Partnership firm, including any sums contributed by the partners to make-up deficiencies of capital at the time of dissolution, shall be applied in the following manner and order: (1) In paying each partner rateably what is due to him for…
Match List I with List II LIST I | LIST II I. Limited liability partnership | 1. It can be formed with a minimum of two individuals or body corporate through their nominees II. Particular partnership | 2. It is formed for a specific venture or for a…
Which of the following are false? I. Partners are not bound to carry on the business of the firm to the greatest common advantage. II. Where a partner is entitled to interest on capital subscribed by him, such interest shall be payable whether or not there…
Showing 8 of 6 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Indian Partnership Act
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