Vidyalelo
Commerce · Q216

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 216

Q216

A lost asset refers to:

A.
remaining NPA for less than or equal to 12 months
B.
remaining NPA for more than 12 months
C.
where the loss has been identified by the bank
Answer
D.
when loan is overdue for a period of 1 year

Answer: Option C

Solution

Answer: Option C
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