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3418

Q: Bad loans in banking terminology are generally known as

  • 1
    NPA's
  • 2
    Prime loans
  • 3
    BPO's
  • 4
    Prime Assets
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Answer : 1. "NPA's"
Explanation :

Answer: A) NPA's Explanation: Bad loans in banking terminology are generally known as NPA's. A Non - performing Asset (NPA) is defined as a credit facility in respect of which the interest and installment of principal have remained 'past due' for a specified period of time.

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