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Name Date Environment Vocabulary List & Definitions endangered species a species of plant or animal that is in danger of becoming extinct. Evolution the continuous modification and adaptation of organisms
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What is indaiarc?
Indaiarc refers to the Indian ARC (Asset Reconstruction Company) reporting framework, which is used for the classification and reporting of stressed assets in the banking sector.
Who is required to file indaiarc?
Banks and financial institutions in India that deal with asset reconstruction or are involved in reporting stressed assets are required to file indaiarc.
How to fill out indaiarc?
To fill out indaiarc, the banks and financial institutions must gather the relevant data on stressed assets, classify them according to the guidelines, and submit the report through the designated online portal as per the regulatory requirements.
What is the purpose of indaiarc?
The purpose of indaiarc is to provide a standardized framework for the classification, monitoring, and reporting of stressed assets, thereby improving transparency and risk management in the financial sector.
What information must be reported on indaiarc?
The information that must be reported on indaiarc includes details about the nature of the stressed assets, their classification status, the measures taken for recovery, and other relevant financial data as stipulated by regulatory bodies.
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