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Q:

The Reserve Bank of India made a strong case for setting up a ___________________ in India to address the twin balance sheet problem of the banking sector and the corporate sector.  

A) Public Credit Registration  B) Public Credit Registry 
C)  Public Credit Review  D) Public Credit Reminder 

Answer:   B) Public Credit Registry 



Explanation:

The Reserve Bank of India made a strong case for setting up a public credit registry in India to address the twin balance sheet problem of the banking sector and the corporate sector. Public credit registry coverage reports the number of individuals and firms listed in a public credit registry with current information on repayment history, unpaid debts, or credit outstanding. The number is expressed as a percentage of the adult population.

Subject: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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