Question
What is the minimum percentage of the total assets
owned by the borrower that is required for an ARC to effect change in or takeover of the management of the business of the borrower? Refer to the following information to answer the next 4 questions (Q15 to Q17) The asset reconstruction industry is set to clock the best growth this fiscal as their asset under management is expected to increase by almost 10% to Rs 1.1 lakh crore. The 29-player ARC industry began its journey in the second half of 2002 and has since undergone radical regulatory changes and challenges. With the beginning of operation of public sector National Asset Reconstruction Co. and rising popularity of the Insolvency and Bankruptcy Code effective from May 2016 also pose challenge for the ARC industry. Another major challenge is the steep fall in banks' non-performing assets, which is set to fall to under 5% by March, down from over 11% in FY18. Assets under management of ARCs are set togrow 9.8% to a five-year high this fiscal, driven by a few large transactions to Rs 1.19 lakh crore.Solution
An ARC may effect change in or takeover of the management of the business of the borrower, where the amount due to it from the borrower is not less than 25% of the total assets owned by the borrower.
A large farming estate where a single cash crop is grown primarily for sale and export is called a:
Agricultural and Processed Food Products Export Development Authority (APEDA) has its headquarter at
Which is the following nutrient is responsible for the seed germination and flowering in plants?
Which among the following is a method of identifying leader?
The ability of a microorganism to cause disease is called........................?
What is a product?
Name the vegetative propagation techniques where the plant part to be cut is rooted before it is completely cut away from the parent plant.
Which method is commonly used to propagate herbaceous perennials?
The measurement of drought is expressed inÂ
Pusa Kanchan is a variety of:
