What is the full form of "DRT"?
A. Divided and Revised Trading
B. Deposit for Returning Traders
C. Debt Recovery Tribunals
D. Devolopment and Rapid Transition
Answer: Option C
Solution(By Examveda Team)
Debt Recovery Tribunals were created to facilitate the speedy recovery of debt payable to banks and other financial institutions by their customers. DRTs was set up after the passing of Recovery of Debts due to Banks and Financial Institutions Act (RDBBFI), 1993.This Question Belongs to Abbreviations >> Banking Abbreviations
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A. Undivided Banking Deposit
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