Question

Which of the following is not included in the definition of 'business' under the Indian Partnership Act, 1932?

• A. Trade
• B. Profession
• C. Occupation
• D. Hiring

Hint:

The term "business" in the Indian Partnership Act excludes activities that are not profit-oriented, like hiring.

Answer 1

The Correct Option is D

Step 1: Review the definition of business under the Indian Partnership Act.
- Business under the Partnership Act includes trade, profession, and occupation, but not hiring.