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  9. Q31

RBI Grade B Officer (General / DEPR / DSIM) 2022 · Question 31 of 276

Consider the following statements about the Insolvency and Bankruptcy Code (IBS) 2016, and find out the correct statement – 1. These Regulations shall apply to the corporate insolvency resolution process. 2. An insolvency professional shall be eligible to be appointed as a resolution professional for a corporate insolvency resolution process of a corporate debtor. 3. A resolution professional shall make disclosures at the time of his appointment and thereafter in accordance with the Code of Conduct.

General Awareness

  1. AA. 1 and 2
  2. BB. 2 and 3
  3. CC. 1 and 2
  4. DD. 1, 2 and 3Correct
  5. EE. None of the above

Answer: D. D. 1, 2 and 3

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 1 recollected questions with answer key, 2021-2025 (EduTap compilation) · memory-based

← Q30View full paper (276 questions)Q32 →

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