Question

    Which institution has created a framework for transfer

    of stressed loans from domestic lenders to financial institutions?
    A The International Financial Services Centers Authority Correct Answer Incorrect Answer
    B Insurance Regulatory and Development Authority of India Correct Answer Incorrect Answer
    C Pension Fund Regulatory and Development Authority Correct Answer Incorrect Answer
    D Reserve Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The committee will be headed by executive director of RBI G Padmanabhan.

    It will examine the provisions of the RBI directions pertaining to transfer of stressed loans by lending institutions to entities in IFSCA.

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