📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The accounts of LIC shall be audited

    by: 
    A CAG only Correct Answer Incorrect Answer
    B ICAI appointed auditors only Correct Answer Incorrect Answer
    C Auditors appointed and approved by LIC Board and Government Correct Answer Incorrect Answer
    D External consultancy firms Correct Answer Incorrect Answer
    E Reserve Bank appointed auditors Correct Answer Incorrect Answer

    Solution

    Sections 25 to 25B specify appointment and duties of auditors [Sections 25-25B].

    Practice Next
    ask-question