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 about the features of Centralized Asset Management Companies (CAMCs):
1. CAMCs are always fully funded by the government.
2. They are often provided with super legal powers to accelerate loan recovery.
3. They primarily focus on asset value maximization for distressed assets.
Which of the statements given above is/are correct?
1
1 and 2 only
2
1 only
3
2 and 3 only
4
1 and 3 only
5
2 only