UPSC · current affairs quiz

Quiz · Insolvency and Bankruptcy Code IBBI 10th Anniversary

Two Prelims-style questions on this topic from 2 October 2026. Choose an option to check yourself, then open the full note or today’s full quiz.

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PIB · Insolvency and Bankruptcy Code IBBI 10th Anniversary

Consider the following statements regarding the Insolvency and Bankruptcy Board of India (IBBI):1.It functions as a statutory authority established in 2016.2.It exclusively regulates corporate debtors and does not regulate insolvency professionals or service providers.Which of the statements given above is/are correct?

Solution

PIB · Insolvency and Bankruptcy Code IBBI 10th Anniversary

In the context of the Corporate Insolvency Resolution Process (CIRP) under the IBC, what does the term 'haircut' generally refer to?

Solution