[Solved] Institute of chartered Accounts of India was established in the year

Institute of chartered Accounts of India was established in the year

a) April 1, 1956

b) April 1, 1949

c) July 1, 1956

d) July 1, 1949

Answer: (d) Institute of chartered Accountants of India was established in the year July 1, 1949. The Chartered Accountants Act, 1949 is a statute enacted by the Constituent Assembly of India, which was acting as the provisional Parliament of India in 1949 to regulate the profession of Chartered Accountants in India.

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