Accounting · Accounting Standards
In India, the Accounting Standards Board (ASB) was constituted in 1977 by which body?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Securities and Exchange Board of India (SEBI)
- 2Reserve Bank of India (RBI)
- 3The Institute of Chartered Accountants of India (ICAI)✓
- 4Ministry of Finance
Correct answer
The Institute of Chartered Accountants of India (ICAI)
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