New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Debt Recovery Tribunal if established by the Central

    Government as per the ______________________
    A SARFAESI Act, 2002 Correct Answer Incorrect Answer
    B Companies Act, 2013 Correct Answer Incorrect Answer
    C Insolvency and Bankruptcy Code, 2016 Correct Answer Incorrect Answer
    D The Recovery of Debts and Bankruptcy Act, 1993 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Section 3. Establishment of Tribunal—(1) The Central Government shall, by notification, establish one or more Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction, powers and authority conferred on such Tribunal by or under this Act.

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