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    Question

    Which of the following instruments is used for sale of

    NPAs by banks?
    A CP Correct Answer Incorrect Answer
    B Treasury Bills Correct Answer Incorrect Answer
    C Security Receipts Correct Answer Incorrect Answer
    D Promissory Notes Correct Answer Incorrect Answer
    E Commercial Bills Correct Answer Incorrect Answer

    Solution

    Asset Reconstruction Companies issue Security Receipts to banks after buying NPAs under SARFAESI.

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