Multiple choice

The Indian Partnership act came into force on 1st October, 1932

  1. True

  2. False

  3. Partly true

  4. Cannot say

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Indian Partnership Act, 1932 indeed came into force on 1st October 1932. This is a factual date regarding when this important legislation governing partnership relationships in India became effective. The Act defines rights, duties, and liabilities of partners and provides the legal framework for partnership firms in India.