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    Question

    Which of the following is NOT a step taken to reduce

    NPAs in India?
    A Debt Recovery Tribunals Correct Answer Incorrect Answer
    B SARFAESI Act Correct Answer Incorrect Answer
    C Insolvency and Bankruptcy Code (IBC) Correct Answer Incorrect Answer
    D National Asset Reconstruction Company (NARCL) Correct Answer Incorrect Answer
    E Foreign Exchange Management Act (FEMA) Correct Answer Incorrect Answer

    Solution

    The Foreign Exchange Management Act (FEMA) is not directly related to reducing NPAs.

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