What was the purpose of the Inter-creditor Agreement signed by Indian banks and financial institutions recently? [2019]

What was the purpose of the Inter-creditor Agreement signed by Indian banks and financial institutions recently?

To lessen the Government of India’s perennial burden of fiscal deficit and current account deficit
To support the infrastructure projects of Central and State Governments
To act as independent regulator in case of applications for loans of Rs 50 crore or more
To aim at faster resolution of stressed assets of Rs 50 crore or more which are under consortium lending

The Inter-Creditor Agreement (ICA) for Resolution of stressed Assets was signed in July , 2018 by 33 banks / financial institutions. The inter-creditor agreement aimed at the resolution of loan accounts with a size of ₹50 crore and above that are under the control of a group of lenders.
It is part of the “Sashakt” plan approved by the government to address the problem of resolving bad loans. According to the agreement, a majority representing two-thirds of the loans within a consortium of lenders should now be sufficient to override any objection to the resolution process coming from dissenting lenders.

AIIB has 109 members – 94 Full Members and 15 Prospective Members – and is open to accepting additional members (as per official website).
India is a founding member.

The primary shareholder in the bank is China, holding the largest share of voting rights at 26.61%, succeeded by India with 7.6%, Russia with 6.01%, and Germany with 4.2%.

Although the focus is on Asia, the membership also includes several non-Asian countries, such as nations from Europe and South America.

Statement 3 can be eliminated first — The Asian Infrastructure Investment Bank is Asia-focused, but several non-Asian countries are members. Hence, saying no members from outside Asia is extreme and unlikely. Once Statement 3 is eliminated, options (b), (c), and (d) are removed.