Question
The increasing amount of NPA in public sector banks is
causing trouble for RBI and India’s GDP as well. Which of the following course of action can be following based on the given statement? Course of Action- (I) All the public sector banks should be privatized as this is the only way to get rid of increasing NPA. (II) RBI should make a committee to review the problem of NPA and also to find out suitable measures to curb it.Solution
Only (II) follows as it is feasible to measure to sustain the level of NPA. Thus, the correct answer is option 2.
The base year for the Consumer Price Index for Agricultural and Rural Labourers (CPI-AL/RL) has been revised from 1986–87 to:Â
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