India’s First Information Utility: NeSL & IBBI

Which of the following is India's first Information Utility (IU), registered with the IBBI?

Correct Answer Explanation

National E-Governance Services Limited (NeSL) holds the distinction of being India's first Information Utility (IU), officially registered with the Insolvency and Bankruptcy Board of India (IBBI). Its fundamental role is to act as a central repository for authenticated financial information, providing legal evidence for debts and claims. This is crucial for streamlining the insolvency resolution process under the Insolvency and Bankruptcy Code (IBC). NeSL also plays a role in digitalizing financial processes, such as integrating electronic Bank Guarantees (e-BGs) to reduce physical paperwork and processing time.

Incorrect Options Analysis

• CIBIL: Credit Information Bureau (India) Limited, CIBIL is a credit rating agency that collects and maintains credit records of individuals and companies, not an Information Utility.
• UIDAI: Unique Identification Authority of India, UIDAI is a statutory authority responsible for issuing Aadhaar numbers, not an Information Utility.
• NSDL: National Securities Depository Limited, NSDL is a securities depository that holds securities in dematerialized form, not an Information Utility.

निम्नलिखित में से कौन भारत की पहली Information Utility (IU) है, जो IBBI के साथ पंजीकृत है?

Correct Answer Explanation

National E-Governance Services Limited (NeSL) भारत की पहली Information Utility (IU) है और यह Insolvency and Bankruptcy Board of India (IBBI) के साथ registered है. इसका मुख्य कार्य debts और claims के लिए legal evidence का एक repository के रूप में कार्य करना है. यह Insolvency and Bankruptcy Code (IBC) के तहत insolvency resolution प्रक्रिया को सुव्यवस्थित करने के लिए महत्वपूर्ण है. NeSL electronic Bank Guarantees (e-BGs) के लिए digital document execution को integrate करने में भी शामिल है, जिससे physical documentation समाप्त हो सके और turnaround time कम हो सके.

Incorrect Options Analysis

• CIBIL: CIBIL (Credit Information Bureau (India) Limited) एक credit rating agency है जो व्यक्तियों और कंपनियों के credit records को एकत्र और बनाए रखती है, न कि एक Information Utility.
• UIDAI: UIDAI (Unique Identification Authority of India) एक statutory authority है जो Aadhaar numbers जारी करने के लिए जिम्मेदार है, न कि एक Information Utility.
• NSDL: NSDL (National Securities Depository Limited) एक securities depository है जो dematerialized form में securities रखता है, न कि एक Information Utility.