LU 2.4

Which of the following is not one of the three contours for settling irregularities?

• Rectification

• Restructuring

• Recovery

• Rephasement

Excessive use of roll over of credit facilities is known as

Which of the following action is not allowed under restructuring of an account?

• Sanction of additional credit facilities

• Compromise settlements where time for settlement exceeds 3 months

• Write off of the entire loan

• Alteration of interest rates

Find the odd one out from the stressful signals which might lead to a restructuring.

• Probable default

• Delisting of outstanding securities

• Insufficient cash flows

• Change in the management

If accounts with exposure above 5 cr. slip into SMA status, they have to be reported to

With respect to choosing eligible accounts for restructuring, TEV stands for

The strategy for reviving a stressed account or recovering the dues from a stressed account is known as

A prima facie review must be conducted within ____ days from the day of the default.

An inter creditor agreement is required to finalize a resolution plan. Accordingly, a majority of ___________ and ___________ is required.

• 75% in value

• 60% in numbers

• 65% in value

• 70% in numbers

A Resolution plan would not include

• Sale of exposures

• Change in ownership

• Initiating legal proceeding under IBC

• Approaching Lok Adalat for a solution