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What is the primary objective of Project 'Sashakt' for public sector banks?

1. Digital transformation
2. Human resource development
3. Credit portfolio strengthening
4. Customer service improvement

Correct answer: Credit portfolio strengthening

Solution

Project Sashakt was launched to strengthen the credit portfolio of public sector banks by improving resolution of stressed assets and reducing NPAs. It is not primarily about HR, digitalization, or customer service.

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