Q. The “Draft Scheme of Reconstruction” is recently in news is related to which of the following?
Answer: A
Notes:
RBI has placed the financially troubled Yes Bank under a moratorium (temporary suspension).
- After placing this bank under a moratorium, the RBI announced a draft Scheme of Reconstruction.
- This scheme entails the State Bank of India (SBI) investing capital to acquire a 49% stake in the restructured private lender.
Source: The Hindu