The Insolvency and Bankruptcy Board of India (IBBI) in collaboration with which of the following is conducting the ‘3rd National Online Quiz on Insolvency and Bankruptcy Code, 2016’?

The Insolvency and Bankruptcy Board of India (IBBI) in collaboration with which of the following is conducting the ‘3rd National Online Quiz on Insolvency and Bankruptcy Code, 2016’? Correct Answer Both 1 and 2

The correct answer is Both 1 and 2.

Key Points

  • The Insolvency and Bankruptcy Board of India (IBBI) in collaboration with MyGov and BSE Investors’ Protection Fund is conducting the ‘3rd National Online Quiz on Insolvency and Bankruptcy Code, 2016’.
  • It will promote awareness and understanding of the Code among various stakeholders, across the country.
  • The Quiz is open from 16th April 2022 to 15th May 2022.

Important Points

  •  The Quiz shall be open on the MyGov portal https://quiz.mygov.in for all Indian citizens above 18 years of age, except for individuals working in IBBI, BSE Investors’ Protection Fund and service providers registered with IBBI, as also their immediate family members.
  • 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) and the third-best performer will be receiving a Bronze Medal along with a cash prize of Rs. 25,000/- (Twenty-five thousand rupees only).
  • The next ten best performers will be awarded consolation prizes of Rs. 10,000/- (Ten thousand rupees only) each.
  • Additionally, the top 10% performers shall be awarded ‘Certificates of Merit’ and all the participants will receive ‘Certificates of Participation’.
  • The cash prizes and medals are sponsored by the BSE Investors’ Protection Fund, as part of its investor awareness initiatives. 

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