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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
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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.


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