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Question
The Indian Partnership Act is in force since _______.
Options
1932
1881
1956
1984
MCQ
Fill in the Blanks
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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 and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [Page 51]
