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.
Many people believe that the new smartphone model is the best thing since sliced bread .
- In the given question, five alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the mea...
 Choose the alternative which best expresses the meaning of the given idiom.
At the eleventh hour
Play it by the ear
Harass, as with questions or requests
At Your Wits’ End
In the question below, a sentence is given with a part missing. From the options below, choose the correct combination of idioms that can fit in the bl...
Select the correct meaning of the given idiom.
Give the game away
In the following questions, an idiom has been used in three different ways. Choose the option corresponding to the sentences in which the usage of the ...
- An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may not ...
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