Multiple choice

SARFAESI Act was enacted for regulating securitisation and reconstruction of ________ and enforcement of security interest created in favour of secured ________

  1. financial assets, creditors

  2. non-financial assets, creditors

  3. financial assets, borrowers

  4. non-financial assets, borrowers

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A Correct answer
Explanation

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 was enacted with the objective of regulating securitisation and reconstruction of financial assets and enforcement of security interest created in favour of secured creditors. 

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