Economic survey envisages certain scenarios in which India's TBS may be sustainable. With regard to it, consider the following scenarios: 1. Under Containment scenario. Economy grows with improvement in cash flows to stressed companies so that they can service debts. 2. Under Phoenix scenario, NPAs are limited to a small proportion of the GDP and GDP growth is increased. In this way problem is not solved but fades in importance. Identify the correct statements: Codes:

Economic survey envisages certain scenarios in which India'

1.	Economic survey envisages certain scenarios in which India's TBS may be sustainable. With regard to it, consider the following scenarios: 1. Under Containment scenario. Economy grows with improvement in cash flows to stressed companies so that they can service debts. 2. Under Phoenix scenario, NPAs are limited to a small proportion of the GDP and GDP growth is increased. In this way problem is not solved but fades in importance. Identify the correct statements: Codes:
A.	1 only
B.	2 only
C.	Both
D.	Neither of the above
Answer» E.