New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    The banking system, which had accumulated bad debts

    during the period of economic resurgence after the 1991 reforms, was supported through the deregulation of interest rates and the enactment of the SARFAESI Act in which year?
    A 1992 Correct Answer Incorrect Answer
    B 1998 Correct Answer Incorrect Answer
    C 1999 Correct Answer Incorrect Answer
    D 2000 Correct Answer Incorrect Answer
    E 2002 Correct Answer Incorrect Answer

    Solution

    The banking system, which had accumulated bad debts during the period of economic resurgence after the 1991 reforms, was supported through the deregulation of interest rates and the enactment of the SARFAESI Act 2002.

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