GyanGramWhich of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Ass…
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Which of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?
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• Correct Answer: B
• S4A was introduced by RBI in 2016 as a framework for lenders to restructure debt of large corporate entities facing genuine financial difficulties.
• It is distinct from the IBC and not related to ecological assessments or PSU disinvestment.
• Options A, C, and D misrepresent the scheme's purpose.
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