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Consider the following statements regarding Bad Bank.1.A bad bank is an asset rehabilitation company (ARC) that takes over, manages and eventually recovers the capital over a period of time from the bad loans of commercial banks.2.Bad bank is also involved in lending and taking deposits.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Bad Bank.1.A bad bank is an asset rehabilitation company (ARC) that takes over, manages and eventually recovers the capital over a period of time from the bad loans of commercial banks.2.Bad bank is also involved in lending and taking deposits.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Bad Bank.1.A bad bank is an asset rehabilitation company (ARC) that takes over, manages and eventually recovers the capital over a period of time from the bad loans of commercial banks.2.Bad bank is also involved in lending and taking deposits.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.

Solutions for Consider the following statements regarding Bad Bank.1.A bad bank is an asset rehabilitation company (ARC) that takes over, manages and eventually recovers the capital over a period of time from the bad loans of commercial banks.2.Bad bank is also involved in lending and taking deposits.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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