The Current Affairs Quiz is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant …
Continue reading “UPSC Current Affairs Quiz – 18 July 2026 | Daily Prelims Quiz”
The Current Affairs Quiz is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant …
Continue reading “UPSC Current Affairs Quiz – 17 July 2026 | Daily Prelims Quiz”
Continue reading "The Insolvency and Bankruptcy Code (IBC) completes 10 years"
Syllabus: Economy Source: SSTV Context: The Insolvency and Bankruptcy Code (IBC) completed nine years of implementation, having resolved debt worth ₹26 lakh crore. About Nine Years of Insolvency and Bankruptcy Code (IBC): Origin and Purpose of IBC (2016) Introduced to replace inefficient debt recovery systems like SARFAESI, DRT, and SICA. Aims to create a time-bound, …
Continue reading “Nine Years of Insolvency and Bankruptcy Code (IBC)”
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. A credible insolvency framework is vital for sustaining economic growth in a credit-dependent economy. Examine the macroeconomic importance of timely resolution. Analyse how creditor rights and debtor protection can be balanced. Suggest key priorities for future reforms. (15 M) …
GS Paper 3 Topics Covered: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. Context: The Supreme Court has said “judicial delay” was the main reason for the failure of the insolvency regime in India prior to the 2016 Insolvency and Bankruptcy Code (IBC), as it urged company …
Introduction: The Prime Minister mentioned the Insolvency and Bankruptcy Code (IBC 2016) as one of the key legislative reforms that would help aid India’s path to self-reliance on a high growth trajectory. The IBC, along with the Goods and Services Tax regime, among other key reforms, were helping in significantly improving the ease of doing …
Continue reading “Insights into Editorial: Transforming business and the insolvency system”
Topics Covered: Inclusive growth and issues arising from it. Insolvency and Bankruptcy Code What to study? For Prelims: Overview of the code. For Mains: Significance and issues associated. Context: The government promulgated an ordinance to amend the Insolvency and Bankruptcy Code (IBC) whereby fresh insolvency proceedings will not be initiated for at least six months …
