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Which Act created ICAI?

ACompanies Act, 1913
BCompanies Act, 1956
CContract Act, 1872
DAccountants Act, 1949
Answer & Solution
Correct answer: D. Accountants Act, 1949
Parliament enacted the Chartered Accountants Act, 1949 to promote, develop and regulate the profession, and ICAI is established under it.
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