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Which of the following best differentiates IBC from SARFAESI?

medium Q14 of 15
Banking Awareness - Banking Acts, Reforms & Risk Management
Which of the following best differentiates IBC from SARFAESI?
AIBC deals with deposit insurance
BSARFAESI is time-bound, IBC is not
CIBC involves court-supervised resolution
DSARFAESI applies only to corporates
Step-by-Step Solution

  1. Step 1: Recall the nature of IBC

    IBC follows a judicial insolvency resolution process.

  2. Step 2: Compare with SARFAESI

    SARFAESI allows asset seizure without court intervention.

  3. Final Answer:

    IBC involves court-supervised resolution → Option C

  4. Quick Check:

    Court-led process = IBC, not SARFAESI ✅
Quick Trick: Court involvement clearly signals IBC.
Common Mistakes:
MISTAKES
  • Believing both IBC and SARFAESI follow the same process.
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