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