Get Started
369

Q:

In Phase I, banks will transfer 15 NPA accounts (stressed assets) worth _________ to National Asset Reconstruction Company Limited (NARCL) in FY22.

  • 1
    Rs 25,000 crore
  • 2
    Rs 75,000 crore
  • 3
    Rs 82,845 crore
  • 4
    Rs 50,000 crore
  • Show Answer
  • Workspace

Answer : 4. "Rs 50,000 crore"
Explanation :

Banks have finalised plans to transfer 15 Non-Performing Asset (NPA) accounts worth ₹50,000 crore to the National Asset Reconstruction Company Ltd. (NARCL), or the 'bad bank' set up to help resolve the stress by the end of this financial year.

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today