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Commerce · Q12

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 12

Q12

A sub-standard asset refers to:

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

Answer: Option A

Solution

Answer: Option A
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