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Under the SARFAESI Act, 2002 , Asset Reconstruction Companies (ARCs) are mandated to resolve Non-Performing Assets (NPAs) that they acquire within a maximum period of 8 years . The purpose of this provision is to ensure that ARCs focus on the timely resolution of distressed assets and recover the maximum value for the banks that have sold their NPAs. The 8-year period includes the time for restructuring or recovery of the asset, ensuring that the asset is not left unresolved for an extended period. After acquiring the NPA, the ARC works on the restructuring of the debt , selling the assets , or legal actions to recover the funds. If the resolution is not achieved within 8 years, the ARC is expected to liquidate the asset to recover at least part of the investment made.
National Panchayati Raj day is observed annually on _____
Eriosoma lanigerum, Woolly aphid, is an important pest in which of the following?
Which among the following is Photoblastic Seed?
Which of the following disease occurs due to deficiency of zinc in rice?
The Law of Segregation states that:
The let-down of milk in cow is due to release of which of the following hormone?
Scientific name of potato is:
What is the term for the process of removing parasites such as ticks and lice from livestock?
The groundwater table is measured by:
Which state has covered largest area under organic certification?