Multiple Choice Questions on Which of the following action can be taken to reduce the NPAs 1 Implementing SARFAESI ACT 2002 2 Rec........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Which of the following action can be taken to reduce the NPAs 1 Implementing SARFAESI ACT 2002 2 Rec...........

Economic Affairs Types of Banks and Banking
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    Which of the following action can be taken to reduce the NPAs?

    1. Implementing SARFAESI ACT 2002

    2. Recapitalisation of Banks

    3. Debt Recovery Tribunals

    Select the correct answer using codes given below.

    1 and 2 only

    Incorrect Answer

    2 only

    Incorrect Answer

    1 and 3 only

    Incorrect Answer

    1, 2 and 3

    Correct Answer
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    Explanation:

    Implementing SARFAESI Act will allow banks to liquidate securities against bad loans thereby reducing them. Also recapitalisation will increase banks assets thereby redcuing NPAs.

    By: Vishal
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    Srishti

    as per the given explanation the answer must be option 4. do check it

    0 0 reply

    tushar aggarwal

    according to explanation , answer should be d

    0 0 reply
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