New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the key difference between internal and external

    reconstruction?
    A Internal reconstruction increases liabilities; external reduces them. Correct Answer Incorrect Answer
    B Internal reconstruction results in liquidation; external does not. Correct Answer Incorrect Answer
    C External reconstruction does not require shareholder approval. Correct Answer Incorrect Answer
    D External reconstruction forms a new company; internal does not. Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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