APPSC Group 2 Prelims 2019 · Question 111

Question 111 of the APPSC Group-II Screening Test 2019 (5 May 2019). Try it first, then open the answer and explanation.

1. Screening 2019 · Q111 · Economy (India & AP) · Money, Banking & Inflation

   The Insolvency and Bankruptcy Code came into force from

   దివాళా స్మృతి ఏ సంవత్సరం నుండి అమలులోనికి వచ్చింది ?

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   Answer: 2016

   సమాధానం: 2016

   The IBC was passed in May 2016 and its corporate insolvency provisions took effect in December 2016, setting time limits for resolving stressed firms.

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