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Arrange the following initiatives taken by the Government of India to tackle the Non-performing assets in their ascending order of chronology.

  1. Corporate Debt Restructuring

  2. Compromise Settlement

  3. The Debt Recovery Tribunals (DRTS)

  4. Credit Information Bureau

  5. SARFAFSI Act

Choose the correct answer from the options given below:

A1,3,5,2,4

B4,3,2,1,5

C3,4,1,2,5

D2,1,4,3,5

Answer:

C. 3,4,1,2,5

Read Explanation:

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