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      Question

       The Insolvency and Bankruptcy Code, 2016 is the most

      successful mechanism to recover debt. Who heads this committee?
      A Raghuraman Rajan Correct Answer Incorrect Answer
      B U K Sinha Correct Answer Incorrect Answer
      C Ajay Tyagi Correct Answer Incorrect Answer
      D Madhabi Puri Buch Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The Insolvency and Bankruptcy Board of India (IBBI) has set up a 11-member working group under the Chairmanship of former SEBI chief UK Sinha to go into the concept of ‘Group Insolvency’ and suggest a suitable framework.

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