Which of the following statements best describes the term &l

400

M: +2.00/-0.50

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

I.A.S. (Pre) 2017

[Fiscal Policy, Inflation Planning and Banking]

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

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

It is a disinvestment plan of the Government regarding Central Public Sector Undertaking.

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

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