Banking · SARFAESI Act
The SARFAESI Act allows asset reconstruction companies to take measures for asset reconstruction. Which measure involves changing the repayment schedule to ease the financial burden on the borrower?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Conversion of debt into shares
- 2Taking possession of secured assets
- 3Rescheduling of payment of debts✓
- 4Enforcement of security interest
Correct answer
Rescheduling of payment of debts
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!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice SARFAESI Act MCQs →Want more practice questions on SARFAESI Act?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · SARFAESI Act