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

By | June 23, 2017

Ques: Which of the following statements best k describes the term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?

Options are:

Option 1: It is a procedure for considering ecological costs of developmental schemes formulated by the Government.

Option 2: It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.

Option 3: It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.

Option 4: It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.

Correct Answer: It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.

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