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Banking Awareness · Q110

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 110

Q110

The Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) meant for recovery of loans which have become NPAis not applicable to:

A.
Private Banks
B.
Non – Banking Financial Companies
Answer
C.
Financial Institutes of the Govt.
D.
Public Sector banks

Answer: Option B

Solution

Answer: Option B
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