{"id":86385,"date":"2025-06-01T03:45:49","date_gmt":"2025-06-01T03:45:49","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=86385"},"modified":"2025-06-01T03:45:49","modified_gmt":"2025-06-01T03:45:49","slug":"the-insolvency-and-bankruptcy-board-of-india-ibbi-was-established-in","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-insolvency-and-bankruptcy-board-of-india-ibbi-was-established-in\/","title":{"rendered":"The Insolvency and Bankruptcy Board of India (IBBI) was established in"},"content":{"rendered":"

The Insolvency and Bankruptcy Board of India (IBBI) was established in the year<\/p>\n

[amp_mcq option1=”2014″ option2=”2015″ option3=”2016″ option4=”2017″ correct=”option3″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CDS-2 – 2022<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings in India. It was established on 1st October 2016 under the Insolvency and Bankruptcy Code, 2016.
\n<\/section>\n
\nThe Insolvency and Bankruptcy Code, 2016 was a landmark legislation aimed at consolidating and amending the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner.
\n<\/section>\n
\nIBBI is a unique regulator regulating a profession as well as processes. It regulates insolvency professionals, insolvency professional agencies, insolvency professional entities, and information utilities.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The Insolvency and Bankruptcy Board of India (IBBI) was established in the year [amp_mcq option1=”2014″ option2=”2015″ option3=”2016″ option4=”2017″ correct=”option3″] This question was previously asked in UPSC CDS-2 – 2022 Download PDFAttempt Online The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings in India. It was established on 1st October … <\/p>\n

Detailed SolutionThe Insolvency and Bankruptcy Board of India (IBBI) was established in<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[1108,1120,1190],"class_list":["post-86385","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-2","tag-1108","tag-economic-development","tag-money-banking","no-featured-image-padding"],"yoast_head":"\nThe Insolvency and Bankruptcy Board of India (IBBI) was established in<\/title>\n<meta name=\"description\" content=\"The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings in India. It was established on 1st October 2016 under the Insolvency and Bankruptcy Code, 2016. 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