allerySARFAESI stands for Securitisation and Reconstruction of Financial Assets and:
AEnhancement of Statutory Interest
BEnforcement of Statutory Investment
CEnrolment of Secured Investors
DEnforcement of Security Interest
Answer & Solution
Correct answer: D. Enforcement of Security Interest
1. The question asks: SARFAESI stands for Securitisation and Reconstruction of Financial Assets and.
2. Correct answer: Enforcement of Security Interest.
3. SARFAESI = Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
_Source: BOI Quick Revision — General Banking & Financial Awareness (2020), Abbreviations_
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