What is the correct full form of CERSAI under the SARFAESI Act, 2002?

Q. What is the correct full form of CERSAI under the SARFAESI Act, 2002?
Answer: Central Registry of Securitization Asset Reconstruction and Security Interest of India
Notes: CERSAI stands for the Central Registry of Securitization Asset Reconstruction and Security Interest of India, established to maintain a centralized database for secured transactions and prevent fraud in collateral claims.

Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.

📌 Question Number: 19 in SARFAESI Act - 2002 in the above course in App.