RBI has relaxed rules for resolution of stressed ______ loans on 17th March 2016.

SME

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SMB

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MSME

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None of the above

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Solution

The correct option is C MSME
The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India, is the apex body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India.
MSME also share a major portion of industrial production and exports in India and play a pivotal role in the development of industrial economy.

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