CLAT Exam  >  CLAT Questions  >  What is the primary goal of the proposed chan... Start Learning for Free
What is the primary goal of the proposed changes to the LLP Act in India?
  • a)
    To restrict the growth of domestic audit firms
  • b)
    To simplify the tax regulations for businesses
  • c)
    To strengthen domestic accounting firms
  • d)
    To promote international audit dominance
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What is the primary goal of the proposed changes to the LLP Act in Ind...
The primary goal of the proposed changes to the Limited Liability Partnership (LLP) Act in India is to strengthen domestic accounting firms. These changes aim to make it easier for these firms to merge and grow larger, potentially creating significant domestic audit companies capable of competing with global firms.
View all questions of this test
Explore Courses for CLAT exam
Question Description
What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer?.
Solutions for What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the primary goal of the proposed changes to the LLP Act in India?a)To restrict the growth of domestic audit firmsb)To simplify the tax regulations for businessesc)To strengthen domestic accounting firmsd)To promote international audit dominanceCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.
Explore Courses for CLAT exam
Signup to solve all Doubts
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev