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Question

What is the name of India’s first Asset Reconstruction Company (ARC)?

A Asset Care & Reconstruction Enterprise Ltd (ACRE) Correct Answer Incorrect Answer
B Asset Reconstruction Company (India) Ltd (ARCL) Correct Answer Incorrect Answer
C ASREC (India) Ltd Correct Answer Incorrect Answer
D Alchemist Asset Reconstruction Company Ltd Correct Answer Incorrect Answer
E Reliance Asset Reconstruction Company Ltd Correct Answer Incorrect Answer

Solution

Asset Reconstruction Company (India) Ltd is the first ARC constituted under SARFAESI Act 2002

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