DMPQ: India’s NPA problem is a chronic problem and exist at a larger scale then peer countries then what factors didn’t allow Indian economy to collapse? (economic)

the reasons are as follows:

 

  • Unlike east Asian crisis, Indian economy was on economic growth path with slight interruption.
  • India maintained and followed strong prudential norms in terms of offering of credit. Boom period didn’t become the excuse for reckless loan giving.
  • There were also control over the cooperates to take loan from foreign banks.
  • Most of the NPA problem was in the Public sector banks which maintained adequate capital to deal with the crisis further they had strong backing of the government which didn’t led to decline in the trust towards bank.
  • Indian banks and Big businesses didn’t committed the mistake as it was done by its counterparts during boom period.

 

 

 

RAS-RTS FREE Notes brings Prelims and Mains programs for RAS-RTS FREE Prelims and RAS-RTS FREE Mains Exam preparation. Various Programs initiated by RAS-RTS FREE Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––

Android App for RAS Prelims and Mains 

-Rajasthan GK (History, Geography, Economy and Polity)
-RAS Prelims Notes
-RAS Current Affairs
-Daily Mains Practice Questions (DMPQ)
-Daily Prelims Practice Questions (DPPQ)
-Mains Topic wise Notes for All RAS GS Papers

Install Now on

Subscribe to RAS Free Notes

Never Miss any RAS important update!

Join 9,420 other subscribers