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Q:

Pradeep Shah, founder, India Fund Advisors, has been appointed as the chairman of the National Asset Reconstruction Company (NARCL). What is the full form of NARCL?

  • 1
    National Asset Restructuring Company
  • 2
    National Asset Reconstruction Company
  • 3
    Non-Asset Reconstruction Company
  • 4
    National Asset Reconstruction Corporation
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Answer : 2. "National Asset Reconstruction Company"
Explanation :

Pradip Shah, founder of IndAsia Fund Advisors, has been appointed chairman of National Asset Reconstruction Company (NARCL) while Aditya Birla Asset Reconstruction Company managing director Sanjay Jain will be the chief executive of India Debt Resolution Company (IDRCL), the privately owned asset management company

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