A) It is a Procedure for considering ecological costs of developmental schemes formulated by the government.
B) It is a scneme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.
C) It is a disinvestment plan of the government regarding Central public Sector Undertakings.
D) None of these
Correct Answer: B
Solution :
Exp. [b] Reserve Bank of India (RBI), after due consultation with banks introduced a scheme to weigh down bad loans and their stressed corporate clients and at the same time, ease the pressure on company balance sheets. With this motive RBI has introduced, on June 13, 2016 the Scheme for Sustainable Structuring of Stressed Assets (S4AScheme) to offer adequate deep financial restructuring opportunities large borrowers.
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