A Bankruptcy Law Reforms Committee was set up in 2014 for providing an entrepreneur friendly legal bankruptcy framework for meeting global standards for improving the ease of doing business with necessary judicial capacity. Accordingly, the Insolvency and Bankruptcy Code (IBC), 2016, became operational in 2016. The Code aims to promote entrepreneurship, availability of credit, and balance the interests of all the stakeholders by consolidating and amending the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals. It is being implemented by ministry of corporate affairs.
The Committee on Insurance Sector Reforms was set up in
Who presented the first budget of independent India?
Who is the author of the book ‘Revolutionaries’?
A pure Monopoly is when there is single _______.
What is BIPA?
How many currency note printing presses are owned by the Government of India?
Goods whose demand increases as their price rises are known as?
Which of the following best describes inflationary pressure in an economy?
The long-term fiscal policy aims to maintain the stability of which of the following?
Which type of tax is levied directly on income and wealth?