Question
Insolvency and Bankruptcy Code was implemented through
an act of Parliament . It got Presidential assent in which year?Solution
Insolvency and Bankruptcy Code 2016 was implemented through an act of Parliament . It got Presidential assent in May 2016. IBC applies to companies, partnerships and individuals. It provides for a time- -bound process to resolve insolvency. When a default in repayment occurs, creditors gain control over debtor’s assets and must take decisions to resolve insolvency. Under IBC debtor and creditor both can start 'recovery' proceedings against each other.
INURE
Choose the synonym of Asperity.Â
A player who leads a team's attempts to score usually by passing the ball to other players
End of the world
Find the word with the appropriate similar meaning of the word in Italic from the options given:
The prudent decision saved the company from fi...
Choose the correct ANTONYM for the given word .
FictitiousÂ
Apostate
In the following questions, choose the word opposite in meaning to the given word.
COMMENCE
Select the most appropriate meaning of the word  which is opposite to the one marked in bold letters according the context in which it has been used. ...
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
The speaker’s verbose style made the present...
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