Which of the following is true regarding the Insolvency and Bankruptcy Code (IBC) and its impact on insurance companies in India?
The Insolvency and Bankruptcy Code (IBC) is a comprehensive law that was enacted in India in 2016 to address the issue of insolvency and bankruptcy of companies and individuals. The IBC allows for the resolution of insolvent insurance companies through a process of liquidation or reorganization. The code applies to all companies, including insurance companies, and has a significant impact on the functioning of the insurance sector in India. Hence, option B is correct.
Which of the following institution was established by the Government of India to develop and regulate international financial services centers in the co...
Who has been designated as the new Chief Coach of India's Men's National Hockey Team in March 2023, replacing Grahan John Reid?
According to the RBI, how much percent increase has been recorded in bank credit in July 2022?
What does the draft Broadcasting Services (Regulation) Bill, 2023 aim to achieve?
The Government of India has approved a plan to establish ______ new multipurpose Primary Agricultural Credit Societies (PACS) / dairy / fishery primary ...
A short-term government security paper is called ______?
What is the total value of transactions processed by the UPI platform in November, setting a new record and surpassing the previous month's figures?
’A’ App has been developed to democratize information on citizen services & provide citizen-centric services in India.It has been launched by th...
What is the main objective of KYC guidelines followed by Banks?
I- It helps prevent banks from using criminal networks.
II- KYC helps the ...
Which company unveiled the Card Soundbox, a device that allows merchants to accept both mobile and card payments, including Visa, Mastercard, American E...
