Current Affairs

GK MCQs Section

Bankruptcy

What is Five-alarm global fire?

The United Nations recently announced that the world is to face five major risks in 2022. These risks...

📅 January 23, 2022

US National Rifle Association

The United States National Rifle Association recently filed for bankruptcy under Chapter 11 of the bankruptcy code. The...

📅 January 18, 2021

ArcelorMittal’s takeover of Essar cleared by apex court

On 15 Nov, the three judge bench of the Supreme Court has accepted world’s largest steelmaker, Arcelor Mittal’s...

📅 November 16, 2019

MCA notifies Insolvency and Bankruptcy Rules, 2019

On 15 Nov, the Ministry of Corporate Affairs (MCA) has notified the Insolvency and Bankruptcy (Insolvency and Liquidation...

📅 November 16, 2019

RBI Proposes New Norms for Debt Resolution

The Reserve Bank of India (RBI) has proposed new norms under Prudential framework for resolution of stressed assets...

📅 June 8, 2019

11-member working group to go into concept of ‘Group Insolvency’ and suggest a suitable framework

The insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) has set up a 11-member working group under...

📅 January 22, 2019

RBI starts process to set up PCR for capturing borrowers’ details

The Reserve Bank of India (RBI) has initiated steps to set up a wide-based digital Public Credit Registry...

📅 November 5, 2018

Unintended Consequences of IBC

Insolvency and Bankruptcy Code (IBC) act was considered as a path breaking legislation which provided for a time...

📅 September 13, 2018

Pradeep Kumar Sinha committee constituted to address issues of stressed thermal power projects

The Union Government has constituted a high level empowered committee to address the issues of stressed thermal power...

📅 July 31, 2018

The Indian Overseas Bank signs Information Utility pact with NeSL

The Indian Overseas Bank (IOB) has signed Information Utility (IU) pact with National E-Governance Services Limited (NeSL) to...

📅 April 24, 2018

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