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UPSC Prelims GS - 2019
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Question 2
EASY
Correct: +2
Incorrect: -2
What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?
a
To lessen the Government of India’s perennial burden of fiscal deficit and current account deficit.
b
To support the infrastructure projects of Central and State Governments
c
To act as independent regulator in case of application for loans of Rs. 50 core or more
d
To aim at faster resolution of stressed assets of Rs. 50 crore or more which are under consortium lending
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