Question
Who was recently elected as the President of the
Institute of Cost Accountants of India (ICMAI) for the term 2024-25?Solution
Bibhuti Bhusan Nayak has been elected as the President of ICMAI for the 2024-25 term, succeeding Ashwin Dalwadi. The Institute of Cost Accountants of India, established by the Cost and Works Accountants Act of 1959, plays a crucial role in the regulation of the cost and management accountancy profession in India.
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