CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which institute shall bring the technical standards in India in the core sevices
A
Indian Standard Time(IST)
B
Insolvency and Bankruptcy Board of India (IBBI)
C
Indian Institute of Technology(IIT)
D
All India Medical Education(AIME)
Explanation: 

Detailed explanation-1: -In furtherance thereof, the Board hereby lays down Technical Standards on the basis of the recommendations given by the Technical Committee on Information Utilities.

Detailed explanation-2: -(1) A person shall register itself with an information utility for-Page 16 16 (a) submitting information to; or (b) accessing information stored with any of the information utilities. (2) The information utility shall verify the identity of the person under sub-regulation (1) and grant registration.

Detailed explanation-3: -Ans: Yes, an Information Utility shall be registered with Insolvency and Bankruptcy Board of India (IBBI), as specified in IBC, 2016, to carry on business as an Information Utility and has to obtain a Certificate of Registration from IBBI.

Detailed explanation-4: -The primary role of NeSL is to serve as a repository of legal evidence holding the information pertaining to any debt/claim, as submitted by the financial or operational creditor and verified and authenticated by the parties to the debt.

There is 1 question to complete.