UPSC 2017EconomyModerate

Which of the following statements best describes the term 'Scheme for Sustainable Structuring of Stressed Assets (S4A)', recently seen in the news ?

a
It is a procedure for considering ecological costs of developmental schemes formulated by the Government.
b
It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.
c
It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.
d
It is an important provision in 'The Insolvency and Bankruptcy Code' recently implemented by the Government.
Non-Performing Assets (NPAs)Corporate Debt RestructuringScheme for Sustainable Structuring of Stressed AssetsS4AReserve Bank of IndiaRBINon-Performing AssetsNPACorporate Debt Restructuring

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