Economics · Accounting Standards
Which of the following bodies is currently responsible for recommending Indian Accounting Standards (Ind AS) to the Ministry of Corporate Affairs (MCA) under the Companies Act, 2013?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reserve Bank of India (RBI)
- 2Securities and Exchange Board of India (SEBI)
- 3National Financial Reporting Authority (NFRA)✓
- 4The Institute of Chartered Accountants of India (ICAI)
Correct answer
National Financial Reporting Authority (NFRA)
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