1. Under Containment scenario. Economy grows with improvement in cash flows to stressed companies so that they can service debts. |
2. Under Phoenix scenario, NPAs are limited to a small proportion of the GDP and GDP growth is increased. In this way problem is not solved but fades in importance. |
Identify the correct statements: |
A) 1 only
B) 2 only
C) Both
D) Neither of the above
Correct Answer: D
Solution :
Both are opposite.You need to login to perform this action.
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