Share Q.68:
Q.68
Company Law Medium Knowledge-Based
Bare Act Indian Partnership Act, 1932 · Section 11

What is the maximum number of partners in Banking business?

A Eight
Ten Answer
C Twelve
D Sixteen
📋

Explanation & Strategy

Click any section to expand · only one open at a time

The maximum number of partners in a banking business is 10 (under the Banking Regulation Act). For other businesses, the maximum is 50 for a private company and 200 for others. For partnership firms in non-banking business, it is 20.

At a Glance
Subject Company Law
Difficulty Medium
Act Indian Partnership Act, 1932
Section Section 11
Answer (B) Knowledge-Based
Paper AIBE XI — December 2017
Progress in Paper
Q.68 100 questions

68% through paper

📖 Open Book — Reading Mode Indian Partnership Act, 1932 ↗ New Tab
📄

Mobile browsers only show page 1 of a PDF in-panel.
Open in a new tab to read all pages.

Open Indian Partnership Act, 1932 →
📚 Carry these bare acts to the exam: Set 1 on Amazon ↗  ·  Set 2 on Amazon ↗
You're on Legistro
AIBE Prep is just one part of Legistro
India's advocate directory, court records, and legal tools — all free
⚖️
Advocate Directory
Find verified advocates by city, court & practice area
🏛️
Judge & Court Records
5,848 judge profiles with order history & disposal rates
🧮
Court Fee Calculator
State-wise court fees for 25+ states — gazette verified
📋
Join as Advocate — Free
Case diary, cause list, client management & verified profile
Explore Legistro →