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The "Twin Balance Sheet Problem" was a significant issue faced by the Indian economy. It refers to the stressed balance sheets of both the banking sector and the corporate (mainly, real estate) sector. In this situation, many Indian banks had a high level of non-performing assets (bad loans), which impaired their financial health. Simultaneously, some real estate companies were burdened with high levels of debt and unsold inventory, leading to financial stress. The interlinkage of these stressed balance sheets created a challenging situation for the overall economy, affecting credit availability and investment.
With reference to the CWC meeting at Wardha (1939), consider the following statements:
1. Gandhi advocated unconditional support to the allied po...
Consider the following statements with respect to the French advent in India.
1. French East India company established its first factory in Ind...
Which of the following can be attributed with the tenure of Warren Hastings (1773-1785) in India?
1. Codified the laws and separated the reven...
In what year did the Dandi March commence?
Consider the following statements with reference to the ‘Ulgulan’:
1. It occurred in the Chotanagpur region.
2. Chakra Bisoi was th...
On what date did the Bangladesh Liberation War conclude?
Consider the following pairs:
Which of the above pairs...
Which notable figure did not play a role in the establishment of the U.P. Kisan Sabha in February 1918?
What does the term ‘dastak’ refer to?
Who was the last person to be initiated into his religion by Gautam Buddha?