Multiple choice

How many mandatory Accounting Standards have been issued by ICAI as on July 2012?

  1. 26

  2. 27

  3. 28

  4. 29
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

This is a factual question about the number of mandatory Accounting Standards issued by ICAI (Institute of Chartered Accountants of India) as of July 2012. The correct number was 29 mandatory Accounting Standards at that time. Note: As of 2024, the number has changed (some have been withdrawn, converged with IFRS), but this question specifically asks for the count as of July 2012.

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