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     EduGorilla 
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    The Centre has constituted a four-member Insolvency and Bankruptcy Board of India (IBBI). With reference to IBBI, consider the following statements:

    1. It is a regulatory body
    2. It covers Individuals, Companies, Limited Liability Partnerships and Partnership firms
    3. It was formed during the global financial crisis

    Which of the above statements is/are correct? 

    Options :-

    1. 1 and 2 only 

    2. 2 and 3 Only 

    3. 2 Only 

    4. 1, 2 and 3 

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