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Partnership Deed Questions

Practice 9 Partnership Deed questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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9
Total Questions
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8
Easy
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Medium
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Hard
Practice by Exam:Accountancy(6)CUET Accountancy(3)

About Partnership Deed — practice questions, PYQs & concepts

Partnership Deed is a frequently-tested topic on Accountancy, CUET Accountancy. ExamTest.live currently lists 9 Partnership Deed questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Partnership Deed weight in competitive exams

Across our Partnership Deed question bank, the largest sources are Accountancy (6) and CUET Accountancy (3). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 8 easy Partnership Deed questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Partnership Deed Questions(1–9 of 9)

Filter:
Q1easymcqCUET AccountancyCUET Accountancy 16 July Shift 22026
In the absence of a Partnership deed, partners share profits and losses in:
Q2easymcqAccountancyCUET Accountancy 2023 11 June Shift 32026
In the absence of a partnership deed which of the following are correct.(A) Profit sharing ratio will be on the basis of capital contributed by the partners(B) No interest on capital will be provided(C) No interest on Drawing will be charged(D) p.a. interest on partner's loan will be provided(E) Partner will get salary for extra time devoted for the firmChoose the correct answer from the options given below:
Q3easymcqAccountancyCUET Accountancy 2025 14 May Shift 22026
A partnership comes into existence as a result of an agreement among the partners. This written agreement is legally called the:
Q4easymcqAccountancyCUET Accountancy 2025 22 May Shift 22026
Which of the following is not a feature of a partnership deed?
Q5mediummcqAccountancyCUET Accountancy2026
Neha contributed and Saloni as capital. What will be Saloni's share in profits if the partnership agreement is silent regarding profit-sharing?
Q6easymcqAccountancyCUET Accountancy 2025 30 May Shift 22026
A partnership deed usually doesn't contain the following details:
Q7easymcqCUET AccountancyCUET 2025 31 May Shift 12026
If partnership deed is silent on the profit sharing ratio: interest @_____ per annum is allowed on loans advanced by partners-
Q8easymcqCUET AccountancyCUET Accountancy 2025 2 June Shift 22026
In the absolute absence of a valid partnership deed, interest on drawings is charged at what rate?
Q9easymcqAccountancyCUET Accountancy 2025 3 June Shift 22026
The clauses of a partnership deed can be altered with the consent of ________.

Frequently Asked Questions

How many Partnership Deed questions are on ExamTest.live?▼
We have 9 Partnership Deed questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Partnership Deed MCQs free?▼
Yes. All Partnership Deed questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Partnership Deed questions?▼
Partnership Deed questions are commonly asked in Accountancy, CUET Accountancy. You can filter by exam using the links above.
How do I practice Partnership Deed questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.