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      Question

      When a bank takes over another bankโ€™s non-performing assets and tries to recover them, this is known as:

      A Factoring Correct Answer Incorrect Answer
      B Takeover Correct Answer Incorrect Answer
      C Asset Reconstruction Correct Answer Incorrect Answer
      D Bailout Correct Answer Incorrect Answer
      E Amalgamation Correct Answer Incorrect Answer

      Solution

      Asset Reconstruction involves acquiring NPAs and recovering value, usually done by Asset Reconstruction Companies (ARCs).

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