Join ExamsbookAnswer : 1. "NPA's"
Bad loans in banking terminology are generally known as5
Q: Bad loans in banking terminology are generally known as
- 1NPA'strue
- 2Prime loansfalse
- 3BPO'sfalse
- 4Prime Assetsfalse
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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.