English

Select the Most Appropriate Alternative from Those Given Below and Rewrite the Statement. - Book Keeping and Accountancy

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Question

Select the most appropriate alternative from those given below and rewrite the statement.

The Indian Partnership Act is in force since ____________

Options

  • 1932

  • 1956

  • 1960

  • 1984

MCQ
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Solution

The Indian Partnership Act is in force since 1932.

Explanation: The Indian Partnership Act came into force on 1st October, 1932 which extends to the whole of India except the state of Jammu and Kashmir.

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Chapter 1: Introduction to Partnership - Exercise 3 [Page 13]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Introduction to Partnership
Exercise 3 | Q 2 | Page 13
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