Question : On which date has union cabinet(chaired by Prime Minister) approved the MoU between ICAI and Institute of Professional Accountants of Russia ?
a. 20 AUG 2021
b. 12 AUG 2021
c. 18 AUG 2021
d. None of the above
Ans. d.
Related facts —
- The Union Cabinet(Chaired by Prime Minister) has approved the MoU between ICAI and Institute of Professional Accountants of Russia on August 25, 2021.
- Objective —
- This agreeement would help in establishing mutual cooperation in the areas of Professional Accountancy Training, Professional Ethics, Technical Research, Advancement of Accounting Knowledge, Professional and Intellectual Development.
- It aims to strengthen cooperation in matters of accountancy profession through exchange of views, information in respect of Professional Accountancy Training, Professional Ethics, Technical Research, Professional Development of Accountants.
- Both parties will also create a linkage to each other’s websites as a means of information support.
- ICAI & IPAR —
- The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India.
- The Institute of Professional Accountants of Russia (IPAR) is the largest non-profit association of accountants in Russia.
Link:
https://pib.gov.in/PressReleseDetailm.aspx?PRID=1748831