New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Indian banks such as Bank of Baroda, IDBI Bank and Axis

    Bank are among the financial creditors who Go First, which filed for bankruptcy owes Rs 6,521 crore.It’s total liabilities to all creditors, including banks, financial institutions, vendors and aircraft lessors stand at ________.
    A Rs.11,463 crore Correct Answer Incorrect Answer
    B Rs.12,346 crore Correct Answer Incorrect Answer
    C Rs.13,234 crore Correct Answer Incorrect Answer
    D Rs.15,126 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

       Indian banks such as Bank of Baroda, IDBI Bank and Axis Bank are among the financial creditors who Go First, which filed for bankruptcy owes Rs 6,521 crore.   According to the bankruptcy filing by Go First, banks such as Central Bank of India and Deutsche Bank are also among Go First's financial creditors.    Go First's total liabilities to all creditors, including banks, financial institutions, vendors and aircraft lessors stand at Rs 11,463 crore.

    Practice Next

    Relevant for Exams: