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438

Q:

The Reserve Bank of India made a strong case for setting up a ___________________ in India to address the twin balance sheet problem of the banking sector and the corporate sector.

  • 1
    Public Credit Registration
  • 2
    Public Credit Registry
  • 3
    Public Credit Review
  • 4
    Public Credit Reminder
  • 5
    Public Commerce Registry
  • Show Answer
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Answer : 2. "Public Credit Registry"
Explanation :

This strategy has not remedied the problem, and the time has come to establish a centralised organisation known as the Public Sector Asset Rehabilitation Agency (PARA).

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