Question

What is the primary objective of the

Q: Answer-What is the primary objective of the Insolvency and Bankruptcy Code (IBC) in India?

The Insolvency and Bankruptcy Code IBC in India aims to provide a time-bound process for resolving insolvency and bankruptcy, ensuring a revival of the company or a prompt liquidation process.

Insolvency and Bankruptcy Code (IBC) in India?

A Regulating interest rates

B Facilitating corporate governance

C Ensuring financial inclusion

D Resolving insolvency and bankruptcy in a time-bound manner

Practice Next

More Accounts Questions

India's first indigenous Stratospheric Super Pressure Balloon (SPB), "VISTA", was launched by:
Who has been appointed Deputy CFO and Special Officer – Finance and Accounts at IndusInd Bank in April 2025?
Who was conferred the 2025 World Leader for Peace and Security Award by the Boston Global Forum?
Which fintech firm received NPCI approval to launch UPI payments using RuPay credit cards?
How many university campuses does NIELIT currently have across India?
India’s first AI-powered cybersecurity center was launched by which organization?
What theme has been announced for National Voters’ Day 2025?
Sunil Narine became the third bowler to take 600 T20 wickets. Who were the only two players ahead of him?
What is the main goal of the Uttarakhand Adarsh Sanskrit Village Programme launched in April 2025?
Who among the folloiwng union minister will be leading Indian delegation to attend the 27th Session of Conference of Parties of the UNFCCC (COP 27)?

What is the primary objective of the

Solution