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The SARFAESI Act allows banks to:

ARecover dues by selling secured assets
BDecide the policy repo rate directly
CPrint and issue new currency notes
DRegulate the insurance companies
Answer & Solution
Correct answer: A. Recover dues by selling secured assets
1. The question asks: The SARFAESI Act allows banks to. 2. Correct answer: Recover dues by selling secured assets. 3. SARFAESI lets banks enforce security interest without court action. _Source: BOI Quick Revision — General Banking & Financial Awareness (2020), SARFAESI_
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