BANK SIDBI Grade A (General) Phase I Mock Test 2024 Banking and Financial Institutions Banking sector reforms in India NPA management
Consider the following statements regarding the National Asset Reconstruction Company Ltd. (NARCL):
1. NARCL plans to acquire stressed assets worth ₹2,00,000 crore in phases.
2. The government has provided a guarantee of ₹30,600 crore for its Security Receipts (SRs).
3. NARCL follows a mechanism similar to that of Malaysia's Danaharta.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
2 only
5
All of the above