UPSC Civil Services 2017 Prelims General Studies Paper I

Question : 4 of 100

Marks: +1, -0

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

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

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