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Which category of borrowers is most commonly associated with IBC cases in banking exams?

medium Q6 of 15
Banking Awareness - Banking Acts, Reforms & Risk Management
Which category of borrowers is most commonly associated with IBC cases in banking exams?
ASavings account holders
BSmall retail borrowers
CCorporate borrowers
DGovernment departments
Step-by-Step Solution

  1. Step 1: Identify typical IBC cases

    IBC is frequently invoked for large defaults.

  2. Step 2: Match with borrower category

    Corporate borrowers account for major IBC proceedings.

  3. Final Answer:

    Corporate borrowers → Option C

  4. Quick Check:

    IBC mainly targets corporate insolvency ✅
Quick Trick: Corporate insolvency = IBC focus.
Common Mistakes:
MISTAKES
  • Assuming IBC is meant for small retail loans.
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