Multiple choice

The Chartered Accountant Act was passed in

  1. 1948

  2. 1949

  3. 1950

  4. 1951
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Chartered Accountants Act was enacted by the Parliament of India in 1949 to regulate the profession of Chartered Accountants in the country. This led to the establishment of the Institute of Chartered Accountants of India (ICAI).

Keep practicing — related questions