Question
Which Act provides the legal framework for asset
reconstruction companies in India?Solution
The SARFAESI Act, 2002, allows banks and financial institutions to recover dues without court intervention and governs Asset Reconstruction Companies (ARCs).
More Financial Management Questions
Find the wrong number in the given number series.
2, 3, 5, 8, 13, 22, 34599, 631.9, 667.5, 707.5, 751.6, 800, 852.9
- Find the wrong number in the given number series.
4, 6, 9, 13, 18, 25 - Find the wrong number in the given number series.
5, 14, -2, 23, -13, 42 - Find the wrong number in the given number series.
7, 11, 20, 45, 94, 194 4 6 12 30 90 310
...Find the wrong number in the given number series.
30, 17, 19, 30.5, 64, 164.5
Find the wrong number in the given number series,
125, 150, 250, 475, 875, 1500
Find the wrong number in the given number series.
3, 4, 10, 33, 136, 680
Find the wrong number in the given series.
1004, 1005, 1013, 1040, 1104, 1240.
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