Economics · Banking and Finance
The SARFAESI Act, 2002 enables banks in India to:
- 1Neither A nor B
- 2Both A and B✓
- 3Set up Asset Reconstruction Companies (ARCs) to acquire non-performing assets (NPAs)
- 4Realize their secured dues without the intervention of courts or tribunals
Correct answer
Both A and B
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Banking and Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking and Finance