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      Question

      In which of the following situations is a Special Audit

      required? a) When there is suspicion of financial mismanagement b) When a company requests for a Special Audit voluntarily c) When the Reserve Bank of India (RBI) orders an audit for a banking institution 
      A Special audit cannot be done in these three cases Correct Answer Incorrect Answer
      B Only a and b Correct Answer Incorrect Answer
      C a, b and c Correct Answer Incorrect Answer
      D Only c Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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