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Q. |
An asset reconstruction company looks for business from banks. What do you understand from this statement? |
A. | These companies assist banks in getting potential clients for big ticket loans |
B. | Banks identify potential borrowers for infrastructure lending by these companies |
C. | Banks sell their bad debts to these companies |
D. | Asset reconstruction companies buy bad debts at a discount from banks |
E. | None of these |
Answer» D. Asset reconstruction companies buy bad debts at a discount from banks |
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