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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
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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.

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