Join Examsbook
462 0

Q:

Non-performing assets are those assets that are overdue for a period of more than?

  • 1
    90 days in interest and/or installment in term loan
  • 2
    90 days out of order in case of over draft or cash credit, bills purchased and bills discounted.
  • 3
    2 harvest seasons for advances for cultivation of short duration crops.
  • 4
    all of the above
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "all of the above"
Explanation :

Reserve Bank of India defines Non Performing Assets in India as any advance or loan that is overdue for more than 90 days.


Are you sure

  Report Error

Please Enter Message
Error Reported Successfully