Loading...
UPSC 2017: Which of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?
(a)It is a procedure for considering ecological costs of developmental schemes formulated by the Government.
(b)It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.
(c)It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.
(d)It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.
Attempt This Question
Not attemptedCorrect Answer: (b) It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.
The Scheme for Sustainable Structuring of Stressed Assets (S4A), issued by the Reserve Bank of India on 13 June 2016, provides a framework for deep financial restructuring of large stressed corporate accounts so that sustainable debt is separated from the unsustainable portion. It is neither an environmental appraisal tool, a disinvestment plan, nor part of the Insolvency Code. ([rbi.org.in](https://www.rbi.org.in/scripts/BS_CircularIndexDisplay.aspx?Id=10446&utm_source=openai))
Related UPSC Questions
More from Banking & Financial Sector
Frequently Asked Questions
What is the correct answer to this UPSC 2017 Indian Economy question?▼
The correct answer is option (b): It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Banking & Financial Sector question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2017, GS Paper 1, as Question 64. It falls under Indian Economy > Banking & Financial Sector.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from Banking & Financial Sector?▼
UPSC has asked 48 questions from Banking & Financial Sector (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.