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    Question

    When a bank takes over another bank’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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