1.

Read the following statements carefully:1.The RBI issued a new prudential framework for resolution of stressed assets, effectively replacing its controversial 12 February 2018 circular.2.Three major changes mark the new circular.3.The central bank has made it compulsory for lenders to take defaulters to the bankruptcy court.Which of the above statements is/are correct?

A. Only 1
B. Only 1 and 2
C. Only 1 and 3
D. Only 2 and 3
E. All are correct
Answer» C. Only 1 and 3


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