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    Question

    What is the main purpose of SARFAESI Act?

    A To regulate securitization of financial assets Correct Answer Incorrect Answer
    B To regulate reconstruction of financial assets Correct Answer Incorrect Answer
    C To regulate enforcement of security interests Correct Answer Incorrect Answer
    D To provide for a Central database of security interests created on property rights Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Preamble of SARFAESI Act An Act to regulate securitisation and reconstruction of financial assets and enforcement of security interest and to provide for a Central database of security interests created on property rights, and for matters connected therewith or incidental thereto.

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