Question

Which of the following is correct about Scheme for Sustainable Structuring of Stressed Assets (S4A)?

1. It will strengthen the lenders’ ability to deal with stressed assets

2. This is applicable to all scheduled commercial banks (excluding RRBs), refinancing institutions and NBFCs.

3. Loan for S4A can only be approved after the endorsement of Overseeing Committee (OC)

4. The project eligible for his has to start commercial operations

A Only i Correct Answer Incorrect Answer
B Only i & ii Correct Answer Incorrect Answer
C Only i & iii Correct Answer Incorrect Answer
D Only iii Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

The correct answer is E

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