CUET Accountancy 2025 30 May Shift 2 PYQs

The following are the features of a Company:(A) Separate Legal Entity(B) Unlimited Liability(C) Perpetual Succession(D) Common SealChoose the correct answer from the options given below:

Under which Section & Act, the Central Government is empowered to prescribe a maximum number of partners in a partnership firm?

A company has issued 10% Debentures of Face Value of Rs. 5,00,000 as Collateral Security against Rs. 6,00,000, 12% Bank Loan. What amount of total interest will be paid by company for the whole year?

Which among the following is not a feature of the fixed capital method by which the capital accounts of partners can be maintained?

Keshav, Nirmal and Pankaj are partners sharing profits and losses in the ratio of $4:3:2$. Nirmal retires and the goodwill is valued at Rs. 72,000. Keshav and Pankaj decided to share future profits and losses in the ratio of $5:3$. Gaining Ratio of Keshav and Pankaj is: