In the absence of an agreement to the contrary, the partners are (1) Entitled for 6% interest on their capitals, only when there are profits(2) Entitled for 9% interest on their capitals, only when there are profits(3) Entitled for interest on capital on the bank rate, only when there are profits(4) Not entitled for any interest in their capitals

In the absence of an agreement to the contrary, the partners are (1)

1.	In the absence of an agreement to the contrary, the partners are (1) Entitled for 6% interest on their capitals, only when there are profits(2) Entitled for 9% interest on their capitals, only when there are profits(3) Entitled for interest on capital on the bank rate, only when there are profits(4) Not entitled for any interest in their capitals
Answer» As per Indian PARTNERSHIP Act, 2013 u/s 13(c) PARTNERS can't be ENTITLED to interest on their capitals if there's no partnership deed or the deed is silent.So the answer is (4) Not entitled for any interest in their capital.

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