Which of the following statements best describes the term 'Scheme for Sustainable Structuring of Stressed Assets (S4A)', recently seen in the news?
AIt is a procedure for considering ecological costs of developmental schemes formulated by the Government.
BIt is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.
CIt is a disinvestment plan of the Government regarding Central Public Sector Undertakings.
DIt is an important provision in 'The Insolvency and Bankruptcy Code' recently implemented by the Government.
Answer & Solution
Correct answer: C. It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.
UPSC CSE Prelims 2017 (GS-I, Set C), Q.64. Official answer key: C.
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