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3. Strategic debt restructuring (SDR) is one of the steps taken by RBI to control the NPA problem. Consider the following statements about it:
1.Under SDR, banks get the right to convert the full or part of their loans into equity shares.
2. SDR initiative can be taken by the particular bank.
3. SDR initiative can be taken if the account of a borrower is classified as Special Mention Account.
Which of the above statement(s) is/are correct?

A
Only 1 and 2
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B
Only 1 and 3
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C
Only 2 and 3
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D
All of the above
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Solution

The correct option is B Only 1 and 3

So far the RBI has taken several steps to tackle NPAs and one of them is the Strategic Debt Restructuring (SDR) Scheme. Under SDR, loaner banks get the right to convert the full or part of their loans into equity shares in the loan taken company.
The SDR an initiative can be taken by the group of banks or JLF that have given loans to the particular defaulted entity. The Joint Lender Forum (JLF) is a committee comprised of the entire bankers who have given loans to a potentially stressed or stressed borrower. At present, banks can form a JLF if the account by a borrower is classified as Special Mention Account.


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Q. Consider the following statements regarding Special Drawing Rights (SDR) in International Monetary Fund (IMF):

Which of the statements given above are incorrect?

Q. अंतर्राष्ट्रीय मुद्रा कोष (IMF) के विशेष आहरण अधिकार (SDR) के संदर्भ में निम्नलिखित कथनों पर विचार कीजिए:

  1. SDR मूल्य मासिक आधार पर अमेरिकी डॉलर के संदर्भ में निर्धारित किया जाता है।
  2. SDR बास्केट में शामिल मुद्राओं को केवल निर्यात और मुफ्त उपयोग योग्य मानदंडों को पूरा करना होता है।
  3. SDR ब्याज दर मूल्य (SDRi) का निर्धारण साप्ताहिक रूप से SDR बास्केट मुद्राओं के पूँजी बाजार में दीर्घकालिक सरकारी ऋण साधनों पर द्योतक ब्याज दरों के भारित औसत के आधार पर किया जाता है।

उपर्युक्त कथनों में से कौन से गलत हैं?



  1. 1 and 2 only
    केवल 1 और 2

  2. 1 and 3 only
    केवल 1 और 3

  3. 2 and 3 only
    केवल 2 और 3

  4. 1, 2 and 3
    1, 2 और 3
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