Q104
Which of the following statements are correct with regard to sick unit?
A.
Any of the borrower account of the enterprise remains NPA for three months or more
AnswerB.
There is erosion in the net worth due.to accumulated losses to the extent of 50% of its net worth during the previous accounting year
C.
Both A and B
D.
None of the above
Answer: Option A
Solution
Answer: Option A
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