Question

Last year, bad bank- NARCL was established. What does

Q: Answer-Last year, bad bank- NARCL was established. What does the “R” stand for in NARCL?

National Asset Reconstruction Company Limited NARCL was incorporated in July 2021 as a bad bank to help dispose of the stressed assets of the commercial banks.

the “R” stand for in NARCL?

A Remuneration

B Revolve

C Resolution

D Reconstruction

E None of the above

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Last year, bad bank- NARCL was established. What does

Solution