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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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