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

    Question

    Identify the incorrect initiative that was launched by

    the Government of India to reduce NPA?
    A Debt Recovery Tribunals – 1993 Correct Answer Incorrect Answer
    B CIBIL – 2000 Correct Answer Incorrect Answer
    C SARFESHI Act – 2002 Correct Answer Incorrect Answer
    D IBC – 2015 Correct Answer Incorrect Answer
    E IBC – 2015 Correct Answer Incorrect Answer

    Solution

      The IBC (Insolvency and Bankruptcy Code) was launched in 2016, not 2015. It is an initiative by the government to reduce Non-Performing Assets (NPAs).

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