Question

In which year did the Partnership Act come into force?

• A. 1932
• B. 1956
• C. 1947
• D. 2013

Hint:

Always remember: Partnership Act = 1932, Companies Act = 2013.

Answer 1

The Correct Option is A

Step 1: Historical context.
The Indian Partnership Act was enacted to regulate the rights, duties, and liabilities of partners.
Step 2: Year of commencement.
The Act was passed in 1932 and came into effect from 1st October 1932.
Step 3: Conclude.
Thus, the Partnership Act came into force in 1932.
Final Answer: \[ \boxed{1932} \]