The Insolvency and Bankruptcy Board of India (IBBI) was established in the year
- A. 2014
- B. 2015
- C. 2016 ✓
- D. 2017
Correct Answer: C. 2016
Explanation
The Insolvency and Bankruptcy Board of India (IBBI) was established on 1 October 2016 under the Insolvency and Bankruptcy Code, 2016 to oversee insolvency proceedings.
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