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Question 1 reset
Which among the following is not eligible for registration as an insolvency professional under the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016?
Question 2 reset
Which of the following is not eligible to be registered as an insolvency professional entity?
Question 3 reset
As per report of the Bankruptcy Law Reforms Committee, which of the following is not an objective of an insolvency and bankruptcy regime?
Question 4 reset
The Financial Sector Legislative Reforms Commission has proposed a __________ which will intervene in the working of financial firms when they are distressed but still solvent.
Question 5 reset
The Code proposed by the Bankruptcy Law Reforms Committee provides for a __________ for creditors and debtors to negotiate in an orderly and non-conflicted manner.
Question 6 reset
As per the Bankruptcy Law Reforms Committee, the process which discharges all debts if the assets and income of a debtor are under an amount specified by regulations is called __________
Question 7 reset
Which of the following Acts does not deal with recovery of dues, either by financial or nonfinancial creditors?
Question 8 reset
Which of the following regulates issue of securities and the non-payment of dividend by listed companies?
Question 9 reset
In the absence of any specific contract between the partners, a partner making, for the purposes of the business, any payment or advance beyond the amount of capital he has agreed to subscribe, is entitled to interest thereon at the rate of __________ % per annum.
Question 10 reset
Under section 48 of the Partnership Act, 1932, the losses of the firm after dissolution shall be settled in the following manner subject to any agreement by the partners:
Question 11 reset
A limited liability partnership firm shall, within a period of six months from the end of each financial year, prepare __________ for the said financial year as at the last day of the said financial year.
Question 12 reset
Which of the following decides applications from the banks and financial institutions for recovery of debts due to them?
Question 13 reset
B Ltd. has taken a loan from A Ltd. B Ltd. will not be considered as a ‘borrower’ under of the SARFAESI Act, 2002 in the event __________
Question 14 reset
Which of the following is not true?
Question 15 reset
Which among the following is not an essential feature of IFRS converged IND ASs (Indian Accounting Standard)?

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