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

Question

Accepted Answer

B. It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.

Answer

A. It is a procedure for considering ecological costs of developmental schemes formulated by the Government.

Answer

C. It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.

Answer

D. It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.