A loan becomes a Non-Performing Asset (NPA) when the interest or princ – McqOptions

MCQOPTIONS

1.	A loan becomes a Non-Performing Asset (NPA) when the interest or principal becomes overdue for a period of:
A.	5 years
B.	90 days
C.	180 days
D.	365 days
Answer» C. 180 days

Discussion

No Comment Found

Related MCQs

'Non-performing Assets" (NPA) of Indian Commercial Banks are _____.
Banks are required to classify Non-Performing Assets into
Arrange the following initiatives taken by the Government of India to tackle the Non-performing assets in their ascending order of chronology : (A) Corporate Debt Restructuring(B) Compromise Settlement(C) The Debt Recovery Tribunals (DRTs)(D) Credit Information Bureau(E) SARFAFSI Act Choose the correct answer from the options given below:
A loan becomes a Non-Performing Asset (NPA) when the interest or principal becomes overdue for a period of:
A loan or advance for which the principal or interest payment is overdue for a period of 90 days is called: