Sequence the following steps in the operational functioning of the Asset reconstruction companies (as per SARFAESI Act 2002)
A. Charge a 2 percent management fee
B. Issue security receipts to the bank
C. Make payment to bank
D. Buys loans from the bank at a discount
E. Carry out the recovery
Choose the correct answer from the options given below:
1
D, C, A, E, B
2
D, B, E, A, C
3
D, B, C, E, A
4
D, A, B, E, C