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Correct Option is Both (b) and (c)

Solution: Refer to the first paragraph, “…..The bad bank will then rope in a separate asset manager being incorporated — the India Debt Resolution Company Ltd. (IDRCL) — to add value to the ailing asset, and resolve it as a ‘going concern’ or liquidate it.” And ‘’The guarantee fee will be increased each year as a nudge for NARCL and the IDRCL to speed up resolution.’’ Referring to the quoted text we can infer that statement (b) and (c) are incorrect. Hence, option (d) is the most suitable answer choice.

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