CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Navrang Saini has been given the additional charge of the Chairperson of which of these entities?
A
Telecom Regulatory Authority of India
B
Pension Fund Regulatory and Development Authority
C
Insurance Regulatory and Development Authority
D
Insolvency and Bankruptcy Board of India
Explanation: 

Detailed explanation-1: -The Centre has extended the additional charge of Insolvency and Bankruptcy Board of India (IBBI) Wholetime Member Navrang Saini as Chairperson till March 5, 2022. The Centre had in October 2021 assigned the additional charge to Navrang Saini for a period of three months (till January 13, 2022).

Detailed explanation-2: -Navrang Saini. Dr. Navrang Saini has held the additional charge of Chairperson, Insolvency and Bankruptcy Board of India from forenoon of 13th October, 2021 to forenoon of 09th February, 2022. He took charge as Whole Time Member, Insolvency and Bankruptcy Board of India on 31st March, 2017.

Detailed explanation-3: -The correct answer is Ravi Mittal. Ravi Mittal, former Secretary Dept of Sports, has been appointed as the Chairman of Insolvency and Bankruptcy Board of India (IBBI).

Detailed explanation-4: -The IBBI has registered three IPAs, namely, Indian Institute of Insolvency Page 4 Professionals of ICAI (IIIPICAI), ICSI Institute of Insolvency Professionals (ICSIIPA) and Insolvency Professional Agency of Institute of Cost Accountants of India (IPAICAI).

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