Multiple choice

BIFR primarily deals with

  1. FERA concerns

  2. Sick industrial units

  3. Public undertaking

  4. Companies falling behind in payment deals with
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

BIFR (Board for Industrial and Financial Reconstruction) was established in 1987 to revitalize sick industrial units in India. It provided financial and managerial assistance to help companies recover from financial distress.

Keep practicing — related questions