Bad Bank _ Topic of the Day for UPSC Exam _ BYJU's

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  3/2/2017 Bad Bank | Topic of the Day for UPSC Exam | BYJU'shttp://byjus.com/free-ias-prep/bad-bank 1/3 2017 IAS Batch starting! To Register, Call:  0 Comments (http://byjus.com/free-ias-prep/bad-bank#disqus_thread) (http://byjus.com/upsc-prelims-test-series-2017/) Bad Bank February 13, 2017 The concept of bad bank was pioneered at the Pittsburgh-headquartered Mellon Bank in 1988. Bad Bank would set up as a separate entity thatwould buy the Non-Performing Asset from other banks to free up their books for fresh lending. It is focused on the task of recovery.The bad bank will manage these Non-Performing Assets in suitable ways, some may be liquidated, others may be restructured, etc. In the meantime,it would work towards suitably disposing of the toxic assets. This concept has been successfully implemented in many western European countriespost the 2007 飋nancial crisis like Ireland, Sweden, France etc.  Question for the Day on the Topic Consider the following statements1. Bad Bank would set up as a separate entity that would buy the Non-Performing Assetfrom other banks to free up their books for fresh lending.2. This concept has been successfully implemented in European countries post-2007飋nancial crisis.Which of the statements is/are true?A) Only 1B) Only 2C) Both 1 and 2D) Neither 1 nor 2 Answer: C   (HTTP://TWITTER.COM/INTENT/TWEET?STATUS=BAD BANK+»+HTTP://TINYURL.COM/ZXGCX8Y)    (HTTP://WWW.FACEBOOK.COM/SHARER/SHARER.PHP?U=HTTP://BYJUS.COM/FREE-IAS-PREP/BAD-BANK&T=BAD BANK)    (HTTPS://PLUS.GOOGLE.COM/SHARE?URL=HTTP://BYJUS.COM/FREE-IAS-PREP/BAD-BANK)    (HTTP://PINTEREST.COM/PIN/CREATE/BUTTON/?URL=HTTP://BYJUS.COM/FREE-IAS-PREP/BAD-BANK)    (HTTP://WWW.ADDTOANY.COM/EMAIL?LINKURL=HTTP://BYJUS.COM/FREE-IAS-PREP/BAD-BANK&LINKNAME=BAD BANK)    (HTTP://WWW.ADDTOANY.COM/SHARE_SAVE#URL=HTTP://BYJUS.COM/FREE-IAS-PREP/BAD-BANK&LINKNAME=BAD BANK) Home (http://byjus.com/free-ias-prep)  /  UPSC Preparation (http://byjus.com/free-ias-prep/ias-preparation)  /   Topic of the Day (http://byjus.com/free-ias-prep/ias-preparation/topic-of-the-day)  /  Bad Bank  (https://byjus.com)   (tel:099808371    9980837187 Home (http://byjus.com/free-ias-prep/)UPSC Preparation  Syllabus  Current Affairs  Daily News Analysis  Noti飋cations  Video Lectures  Strategy: Plan your Prep  Exam Simulation  Infographics  Faculty Corner  UPSC Prelims Test Series 2017  Chat with us    3/2/2017 Bad Bank | Topic of the Day for UPSC Exam | BYJU'shttp://byjus.com/free-ias-prep/bad-bank 2/3 eekly Current Affairs Quiz: December 25th – 31st ã ã  — Answer 27 is wrong,it should be option 3- BothAnswer 30 is wrong as well,wheat is not rabi,and oilseed were karif so answer … eekly Current Affairs Quiz 2017: Feb 05 – Feb 11 ã ã  — 22 of 35 questions answered correctlyYour time:00:16:43You have reached 22 of 35 points, (62.86%)Average score … Comprehensive News Analysis – 01 February 2017 ã ã  — the solutions are available, please check.Keep posting. eekly Current Affairs Quiz: December 18th – 24th ã ã  — Answer to question 6,11 and 12 were wrongThe answer should be 3,3 and 3 respectively FREE IAS PREP 0 Comments Free IAS Prep Login  1  Share ⤤  Sort by Best Start the discussion… Subscribe ✉  Add Disqus to your site Add Disqus Add d  Privacy    Recommend     2   All India Services – IAS, IPS and IFSMajor Tribes of India & Tribal Welfare Part-1   IAS Preparation - Current Affairs: Net Neutrality IAS Preparation - Current Affairs: Net NeutralityIAS Preparation - CSAT: Remainder Theorem   Chat with us    3/2/2017 Bad Bank | Topic of the Day for UPSC Exam | BYJU'shttp://byjus.com/free-ias-prep/bad-bank 3/3 IAS Preparation - CSAT: Remainder TheoremIAS Preparation - Current Affairs: Revising World Maps IAS Preparation - Current Affairs: Revising World Maps Type your search Comprehensive News Analysis – March 01, 2017 (http://byjus.com/free-ias-prep/comprehensive-news-analysis-01-march-2017) Topic Of The Day - Bad Bank (http://byjus.com/free-ias-prep/bad-bank) Daily News & Analysis- (01/03/2017)UPSC 2016 Mains Exam Result Declared, Check Your Results Here Chat with us  
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