Chartered Accountants’ Day

Chartered Accountants’ Day

Question: Chartered Accountants’ Day is celebrated to commemorate the implementation of…
(a) Chartered Accountants Act, 1949
(b) Administration of the Public Debt Act, 1944
(c) Administration of the Insurance Act, 1938
(d) None of the above.
Ans: (a)
Related Fact :

  • India celebrated 68th Chartered Accountants’ day on July 1st, 2017.
  • Prime Minister, Narendra Modi, addressed a large gathering in New Delhi on the occasion of Chartered Accountants’ Day.
  • The Prime Minister called upon Chartered Accountants to introspect and weed out corrupt practices and persons from their fraternity.
  • Notably, Chartered Accounts’ Day is celebrated to commemorate the implementation of Chartered Accountants Act, 1949.
  • Chartered Accountants Act, 1949 came into force on July 1, 1949.
  • Since then, this day is celebrated as Chartered Accountants’ Day every year.

Reference:
http://www.pmindia.gov.in/en/news_updates/pm-addresses-gathering-on-the-occasion-of-chartered-accountants-day/