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The Indian Partnership Act is in Force since ______. - Book Keeping and Accountancy

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Question

The Indian Partnership Act is in force since ______.

Options

  • 1933

  • 1932
  • 1956

  • 1934

  • 1984

  • 2000

  • 1981

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 is applicable to the whole of India except the state of Jammu and Kashmir.

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