General Knowledge - Indian Economy - Discussion

Discussion :: Indian Economy - Indian Economy (Q.No.40)


The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

[A]. 1984
[B]. 1986
[C]. 1987
[D]. 1989

Answer: Option C


No answer description available for this question.

Tazmeen Khan said: (Jun 2, 2012)  
The BIFR was established under the The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). The board was set up in January 1987 and became functional as of 15 May 1987

Chandel Yadav said: (May 29, 2013)  
What is BIFR ?

Sahil Ahmed said: (Jun 9, 2013)  
What is SICA?

Vrushali said: (May 29, 2014)  
BIFA for what purpose?

Bharat said: (Jun 11, 2014)  
Its objective is to determine sickness of industrial companies and to assist in reviving those that may be viable and shutting down the others.

Shaheen said: (Jun 19, 2014)  
What is SICA ?

Rahul said: (Oct 30, 2014)  
BIFR: Board of Industrial and Financial Reconstruction established in 1987.

Kulvir said: (Oct 24, 2015)  
SICA: Sick Industrial Companies Act.

Ravi said: (Aug 29, 2016)  
What is meant by sick in SICA?

S.K.Narula said: (Nov 2, 2016)  
Which size of company opt to go to BIFR.

Shyivani said: (Apr 3, 2017)  
BIFR board of industrial and financial reconstruction established in 1887.

Md Ashraf Ali said: (Apr 16, 2017)  
It's set up in January1987 but came in action on 15th May 1987.

Gopal Matiy said: (Aug 13, 2017)  
Why BIFR extention 1887?

Nawaz said: (Apr 6, 2021)  
Why? Please explain.

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