UPSC 2010 › Indian Economy › Infrastructure & Industry

1 question · 2010 · answers as per the UPSC key

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UPSC 2010 · Q136 · Indian Economy › Infrastructure & Industry · Save

Which one of the following is not a feature of Limited Liability Partnership firm ?

(a) Partners should be less than 20
(b) Partnership and management need not be separate
(c) Internal governance may be decided by mutual agreement among partners
(d) It is corporate body with perpetual succession
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Answer: (a) Partners should be less than 20