Q. Which of following are reasons for India's twin balance sheet problem?
1.Under Containment scenario, Economy grows with improvement in cash flows to stressed companies so that they can service debts
2.Under Phoenix scenario, NPAs are limited to a small proportion of the GDP and GDP growth is increased. In this way problem is not solved but fades in importance
Identify the correct statements: Codes:
✅ Correct Answer: (C)
All are correct
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