Q6 To prevent fraud involving multiple loans against the same asset, the SARFAESI Act mandated the creation of a central registry. Which of the following statements regarding this registry are correct? Q7 Consider the following statements regarding the rights of a borrower to appeal against enforcement actions taken by a secured creditor under the SARFAESI Act: Q8 The SARFAESI Act establishes a specific legal framework for debt recovery. Which of the following statements correctly describe its legal supremacy and jurisdiction? Q9 When a secured creditor proceeds to sell an immovable property under the SARFAESI Act, they must adhere to specific procedural safeguards. Which of the following statements regarding this process are correct? Q10 Asset Reconstruction Companies (ARCs) play a vital role in the ecosystem of bad loan management. Which of the following statements correctly describe their regulatory status and functions?