Multiple Choice Questions on While determining the applicability of rotation of auditors the amount of paid up share capital for ........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

While determining the applicability of rotation of auditors the amount of paid up share capital for ...........

Companies Act-Phase (I & II) Audit and auditors
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    While determining the applicability of rotation of auditors, the amount of paid up share capital for private company shall be taken as?

    20 crores or more

    Incorrect Answer

    Exceeding 20 crores

    Incorrect Answer

    50 crores or more

    Correct Answer

    Exceeding 50 crores

    Incorrect Answer
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    Explanation:

    For determining the applicability of rotation of auditors, the amount of paid up share capital for private company shall be taken as 50 crores or more.

    By: Vikas Goyal
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