निम्नलिखित कथनों में से कौन-सा हाल ही में समाचारों में आए ‘दबावयुक्त परिसम्पत्तियों के धारणीय संरचन पद्धति (स्कीम फ़ॉर सस्टेनेबल स्ट्रक्चरिंग ऑफ़ स्ट्रेस्ड एसेट्स/S4A)’ का सर्वोत्कृष्ट वर्णन करता है ?
Read this question in English
Which of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?
(a) It is a procedure for considering ecological costs of developmental schemes formulated by the Government. · (b) It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties. · (c) It is a disinvestment plan of the Government regarding Central Public Sector Undertakings. · (d) It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.
उत्तर और व्याख्या · explanation in English
Answer: (b) यह वास्तविक कठिनाइयों का सामना कर रही बड़ी कॉर्पोरेट इकाइयों की वित्तीय संरचना के पुनर्संरचन के लिए भारतीय रिज़र्व बैंक की स्कीम है ।
S4A was a scheme of the Reserve Bank of India that gave banks a way to rework the financial structure of entities in genuine difficulty that needed deep, co-ordinated restructuring of their debt.
- ✓ (b) The RBI describes S4A as an avenue for reworking the financial structure of entities facing genuine difficulties and needing co-ordinated deep financial restructuring, which may involve material write-down of debt.
- ✗ (d) S4A was put in place by the Reserve Bank as its own scheme for banks. It is not a provision of the Insolvency and Bankruptcy Code, which is a separate law.
- ✗ (a) S4A is a banking tool for stressed loans and has nothing to do with the ecological costs of government projects; option (c), disinvestment of PSUs, is also unrelated.
- • Since then In the exam year the scheme was live. On 12 February 2018 the RBI's revised framework withdrew S4A, along with several other restructuring schemes, with immediate effect.
Remember · S4A (RBI): a scheme to rework the debt of stressed companies facing genuine difficulty. Withdrawn by the RBI on 12 February 2018.
Sources
- Reserve Bank of India: Statement on Developmental and Regulatory Policies, 4 October 2016 (Scheme for Sustainable Structuring of Stressed Assets) ↗ “The Reserve Bank has put in place a ‘Scheme for Sustainable Structuring of Stressed Assets’ (S4A) in order to provide an avenue for reworking the financial structure of entities facing genuine difficulties and requiring co-ordinated deep financial restructuring.”
- Reserve Bank of India: Resolution of Stressed Assets – Revised Framework, 12 February 2018 ↗ “Scheme for Sustainable Structuring of Stressed Assets (S4A) stand withdrawn with immediate effect.”
Question and answer: UPSC's official GS Paper I (2017, Series A) — paper ↗ · answer key ↗. Explanation: Minimalist IAS, checked 30 Sept 2026 (how we verify). ·