Question Answer
The Finance Minister of India recently decided to review the position of ‘Bad Debts’ in priority sector. Which of the following is/are the reason(s) owing to which FM took this decision? A. Bad Debt in agriculture is still rising substantially every year despite special treatment to it. B. Bad Debt in other areas of priority sector is almost nil now. C. Govt. is planning to disburse another installment of Rs. 1,60,000 crore which will bring ‘Bad Debts’ almost at ‘Nil level’ and no special treatment will be needed in next fiscal year.
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