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Question

Asset Reconstruction Companies:

A Deals with derivative trading Correct Answer Incorrect Answer
B Finance log term loans to construction sector Correct Answer Incorrect Answer
C Deals with bad assets Correct Answer Incorrect Answer
D Provide short term bridge loans Correct Answer Incorrect Answer
E Deals with primary dealers Correct Answer Incorrect Answer

Solution

ARCs Purchase NPAs (bad assets) from banks and then recollect dues from defaulters.

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