The correct matching between the lists is based on the following statutory provisions:
(A) Accounting standard rules → (III) 2006
The Companies (Accounting Standards) Rules were notified in 2006 under the Companies Act, 1956. These rules prescribe the accounting standards to be followed by companies.
(B) Companies Act → (I) 2013
The current governing legislation for companies in India is the Companies Act, 2013, which replaced the Companies Act, 1956.
(C) Financial statement of company → (IV) Schedule III
Schedule III of the Companies Act, 2013 prescribes the format and presentation requirements for financial statements of companies. It specifies how the Balance Sheet and Statement of Profit and Loss should be prepared.
(D) Partnership Act → (II) 1932
The Indian Partnership Act was enacted in 1932 and continues to govern partnerships in India.
Correct Answer: Option 1