Expand the term SARFAESI.

Securitisation and Renovation of Financial Assets and Enforcement of Security Interest Act, 2002

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Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

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Securitisation Asset Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

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Securitisation and Asset Recovery of Financial Assets and Enforcement of Security Interest Act, 2002

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Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002

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Solution

The correct option is B
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI), 2002 is an Indian law which allows banks and other financial institutions to auction residential or commercial properties to recover loans.

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Similar questions

Q. The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016 was introduced in Lok Sabha which seeks to amend four laws including the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI).Consider the following statements about the SARFAESI Act:Which of the above statement(s) is/are NOT correct?

Only 1 & 2
Only 2 & 3
Only 1 & 3
None of the above

Which of the following is/are correct about SARFAESI Act, 2002?

Code:

Only 2 & 4
All of these
Only 1, 3 & 4
Only 1, 2 & 3

Q. Q. With reference to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, often seen in the news, which of the following statements is/are correct?Select the correct answer using the code given below:

Q. अक्सर चर्चा में रहने वाले, वित्तीय परिसम्पतियों का प्रतिभूतिकरण तथा पुनर्निर्माण एवं प्रतिभूति हित प्रवर्तन (SARFAESI) अधिनियम के संदर्भ में, निम्नलिखित में से कौन सा/से कथन सही है/हैं?

यह बैंकों और वित्तीय संस्थानों को उधारकर्ताओं से ऋण की वसूली हेतु आवासीय और वाणिज्यिक संपत्तियों की नीलामी का अधिकार देता है।
यह अधिनियम केवल अनुसूचित वाणिज्यिक बैंकों पर लागू होता है।
सहकारी बैंक, SARFAESI अधिनियम के तहत परिभाषित 'बैंक' की परिभाषा के अंतर्गत नहीं आते हैं।

निम्नलिखित कूट का उपयोग करके सही उत्तर चुनें:

1 only
केवल 1
2 and 3 only
केवल 2 और 3
1 and 2 only
केवल 1 और 2
1, 2 and 3
1, 2 और 3

Q. The scope of _______ includes fraudulent asset valuations, insider trading, securities fraud leading to manipulation of the financial markets and executive compensation etc.

Every financial institution has to maintain a certain quantity of liquid assets with themselves at any point of time of their total time and demand liabilities. These assets have to be kept in non-cash form such as precious metals, approved securities like bonds etc. The ratio of the liquid assets to time and demand liabilities is termed as _____.

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