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    Question

    Identify the incorrect initiative that was launched by

    the Government of India to reduce NPA?
    A Debt Recovery Tribunals тАУ 1993 Correct Answer Incorrect Answer
    B CIBIL тАУ 2000 Correct Answer Incorrect Answer
    C SARFESHI Act тАУ 2002 Correct Answer Incorrect Answer
    D IBC тАУ 2015 Correct Answer Incorrect Answer
    E IBC тАУ 2015 Correct Answer Incorrect Answer

    Solution

    ┬а The IBC (Insolvency and Bankruptcy Code) was launched in 2016, not 2015. It is an initiative by the government to reduce Non-Performing Assets (NPAs).

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