Join Examsbook
Answer : 4. "Rs 50,000 crore"
In Phase I, banks will transfer 15 NPA accounts (stressed assets) worth _________ to National Asset Reconstruction Company Limited (NARCL) in FY22.
5Q:
In Phase I, banks will transfer 15 NPA accounts (stressed assets) worth _________ to National Asset Reconstruction Company Limited (NARCL) in FY22.
- 1Rs 25,000 crorefalse
- 2Rs 75,000 crorefalse
- 3Rs 82,845 crorefalse
- 4Rs 50,000 croretrue
- Show AnswerHide 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.