ACCORDING TO THE REVISED FRAMEWORK FOR REVIVAL AND REHABILITATION...
91. According to the Revised Framework for Revival and Rehabilitation of Medium, Small
and Micro Enterprises issued by the RBI, by which date all the banks should implement
these guidelines?
A. 30 June 2016
B. 1 April 2016
C. 30 April 2016
D. 31 July 2016
Answer: A. 30 June 2016
Explanation: The RBI has been taking various measures to reform the banking sector and bring
down the NPA’s. As a part of its efforts, it has revised the Rules for rehabilitation of MSME’s. The
framework proposed will be institutionalized by MSME’s before June 30, 2016.