Daily Quiz Update- 24 January 2019

Earlier, Insolvency and Bankruptcy Code (IBC) of Insolvency and Bankruptcy Board of India (IBBI) was providing resolution or liquidation of the only INDIVIDUAL stressed companies. Now, the working group headed by former SEBI Chairman UK Sinha will provide suggestion to create a framework for Group Insolvency.

India’first Armoured Systems Complex (ASC) has been built by L & T at Hazira in Surat. PM Modi inaugurated the complex on 19th January 2019.

Only 21st January 1972, Meghalaya became a separate state and Tripura & Manipur became full-fledged states. Earlier, Tripura & Manipur merged with India as Princely state in 1949.

At the Apeejay Kolkata Literary Festival (AKLF)-2019, US-Based Indian poet Ranjani Murali has been awarded the Prabha Khaitan Woman's Voice Award, popularly known as Woman's Voice Award. The award aims to recognize and encourage creative writing by women in India, to help build a network of women writers across India by creating a forum for their work.

Stefan Löfven of the Swedish Social Democratic Party has been elected for the second time as the Prime Minister of Sweden.