Question
Find out the appropriate words.
In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each five words are suggested, one of which fits the blank appropriately. Find out the appropriate words. Worried ……………..(105) the slowdown of the economy and the rising non-performing assets(NPAs) of public sector banks, the Reserve Bank of India(RBI) has asked banks to put a loan ………..(106) policy in ………..(107) while the government has asked them to take new initiatives to increase the pace of recovery and ………..(108) of NPAs. The cause for ………….(109) is the fact that the NPAs of public sector banks rose close to one percentage point from 3.17 percent to 4.01 percent in six months. On its part, the RBI has asked banks to have a loan recovery policy, which sets down the manner of recovery of dues, targeted level of reduction(period – wise), norms for permitted sacrifice/waiver, factors to be taken ………(110) account before considering waivers, decision levels, reporting to higher authorities and monitoring of write – off/waiver cases.Solution
Solution: Since there are NPAs, the RBI will only ask banks to get it back. So, ‘recovery’ is the correct option.
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