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Economics › Banking Regulations

Which of the following statements best describes the- term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?

Options

(a)

It is a procedure for considering ecological costs of developmental schemes formulated by the Government.

(b)

It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.

(c)

It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.

(d)

It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.

Answer

(B)