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_____helped to resolve issue of non performing assetsa.Lok adalatb.Civil Courtc.Tribunald.All of the aboveClear my choice

Question

_____ helped to resolve issue of non performing assets

  1. a. Lok adalat
  2. b. Civil Court
  3. c. Tribunal
  4. d. All of the above

Clear my choice

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Solution

The question asks about which entity has contributed to resolving the issue of non-performing assets (NPAs). Let’s analyze the options provided:

  1. Lok Adalat: These are informal courts set up to expedite the resolution of disputes and reduce the backlog in judicial cases. They play a significant role in financial disputes including NPAs.

  2. Civil Court: These courts handle a variety of civil cases, including those related to financial liabilities. However, their process can often be more time-consuming.

  3. Tribunal: Tribunals are specialized courts that deal with specific matters, including economic and financial issues, which can include NPAs as well.

  4. All of the above: This option suggests that each of the above entities contributes to resolving NPAs in their own ways.

Conclusion

Given that all three options (Lok Adalat, Civil Court, Tribunal) contribute in different capacities to the resolution of non-performing assets, the most comprehensive answer would be d. All of the above.

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