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Which type of bank has been established as a means of cleaning up bank books?
A)
Bad Bank
B)
Big Bank
C)
Small Bank
D)
Payment Bank

Correct Answer :   Bad Bank


As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).

Published On : July 21, 2021
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