Multiple Choice Questions on The Economic Survey 2016 17 has called for a need to set up a government owned asset reconstruction ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

The Economic Survey 2016 17 has called for a need to set up a government owned asset reconstruction ...........

Economic Affairs Industrial Sickness
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    The Economic Survey 2016-17 has called for a need to set up a government-owned asset reconstruction company called PARA. What does PARA stand for?

    Public Sector Asset Reconstruction Agency

    Incorrect Answer

    Public Sector Asset Rehabilitation Agency

    Correct Answer

    Public Sector Asset Renewal Agency

    Incorrect Answer

    Public Sector Asset Revival Agency

    Incorrect Answer
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    Explanation:


     The Public Sector Asset Rehabilitation Agency or PARA will be an independent entity that will identify the largest and most vexatious NPA accounts held by banks, and then buy these out from them

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