Indian Polity · Polity
Consider the following statements regarding the Insolvency and Bankruptcy Code (IBC): A. It provides a time-bound resolution process for corporate insolvency. B. Personal guarantors are completely excluded from the provisions of the code. C. The National Company Law Tribunal (NCLT) is the adjudicating authority for corporate insolvency resolution. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A and C only✓
- 2All A, B, and C
- 3B and C only
- 4A and B only
Correct answer
A and C only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Indian Polity?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Polity MCQs →Want more practice questions on Polity?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Indian Polity · Polity