Question
Identify the correct statement about Insolvency and
Bankruptcy Code. 1.           It became operational in 2015 2.           It was constituted to provide better governance in banking sector 3.           It is being implemented by Finance MinistrySolution
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.
In contract costing, 'Retention Money' refers to:
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has been set up by the Government of India, with which of the following?
A limitation of a Data Flow Diagram (DFD) is that it:Â
Other things remaining constant, money received tomorrow is ______ received today.
The accounting for 'Amalgamation' of companies is dealt with under:
Which section of The Insolvency and Bankruptcy Code 2016 provides for the appointment of an interim resolution professional?
The 'Ex-dividend date' for a share is the date on which:
Depreciation is applicable to:
The average due date technique of payment may be used:
Which technology is NOT mentioned as part of India’s upgraded Multi-Agency Centre (MAC)?
