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      Question

      What does R stands for in

      SARFAESI?
      A Rate Correct Answer Incorrect Answer
      B Rating Correct Answer Incorrect Answer
      C Reconstruction Correct Answer Incorrect Answer
      D Regulatory Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Banks utilize this act as an effective tool for bad loans (NPA) recovery.

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