NATIONAL ONLINE QUIZ ON INSOLVENCY AND BANKRUPTCY CODE, 2016 



NATIONAL ONLINE QUIZ ON INSOLVENCY AND BANKRUPTCY CODE, 2016


The Insolvency and Bankruptcy Board of India (IBBI) is a key pillar of the ecosystem responsible for implementation of the IBC. 

The Insolvency and Bankruptcy Code, 2016 (IBC) provides a market mechanism for re-organisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders. It is one of the deepest economic reforms of India in the recent years.

To promote awareness and understanding of the IBC among various stakeholders across the country, the IBBI has launched this online Quiz in collaboration with MyGov.in

Timeline

The Quiz is open from 1st July, 2020 to 31st July, 2020.

Guidelines
  • The Quiz is open to Indian citizens aged 18 years and above. 
  • One needs to register on the My Gov portal before taking the Quiz.
  •  For registration, you need to submit an active valid mobile number and an active e-mail ID. 
  • The same mobile number or e-mail ID cannot be used twice for registration.
  • One can participate for once.
  • The Quiz is available both in English and Hindi. 
  • The Quiz will have 20 (twenty) questions, each carrying one mark. One will get 10 (ten) minutes to complete the Quiz.
  • Performance in the Quiz will be evaluated based on “Maximum Correct Answers in the Shortest Time”. 




 Awards
  • The best performer will be awarded a Gold Medal along with a cash prize of Rs.1,00,000 (One lakh rupees only). 
  • The second-best performer will be awarded a Silver Medal along with a cash prize of Rs.50,000 (Fifty thousand rupees only). 
  • The third-best performer will be awarded a Bronze Medal along with a cash prize of Rs.25,000 (Twenty-five thousand rupees only). 
  • These medals will be given away at an appropriate function to be decided by the IBBI.
     
  • Besides the above, top 10% of the participants in terms of performance shall be issued a “Certificate of Merit”.

To Participate, CLICK HERE.

For Full Guidelines and Sample Quiz, CLICK HERE

ALL THE BEST

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