📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Asset Reconstruction Companies (ARCs) in India operate

    under which of the following Acts?
    A Banking Regulation Act, 1949 Correct Answer Incorrect Answer
    B Companies Act, 2013 Correct Answer Incorrect Answer
    C RBI Act, 1934 Correct Answer Incorrect Answer
    D SARFAESI Act, 2002 Correct Answer Incorrect Answer
    E Insolvency and Bankruptcy Code, 2016 Correct Answer Incorrect Answer

    Solution

    ARCs operate under the SARFAESI Act, 2002, as stated in the file. 

    Practice Next

    Relevant for Exams:

    ask-question