​Which of the following years is related to the SARFAESI Act? ​

Correct option is A

The correct answer is (A) 2002.

• The SARFAESI Act allows banks and other financial institutions for auctioning commercial or residential properties to recover a loan when a borrower fails to repay the loan amount.
• Thus, the SARFAESI Act, 2002 enables banks to reduce their Non-Performing Assets (NPAs) through recovery methods and reconstruction.