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      Question

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

      the โ€œRโ€ stand for in NARCL?
      A Remuneration Correct Answer Incorrect Answer
      B Revolve Correct Answer Incorrect Answer
      C Resolution Correct Answer Incorrect Answer
      D Reconstruction Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      National Asset Reconstruction Company Limited (NARCL) was incorporated in July 2021 as a โ€˜bad bankโ€™ to help dispose of the stressed assets of the commercial banks.

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