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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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