SBI PO NPA & Recovery — practice questions
59 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice SBI PO NPA & Recovery in the app →A term loan becomes an NPA when dues are overdue for more than:The SARFAESI Act allows banks to:Prudential norms on income recognition follow the recommendations of the:Income recognition policy must rest on the record of:A term loan turns into an NPA when dues are overdue for more than:A loan for a short duration crop becomes an NPA after dues run:A loan for a long duration crop becomes an NPA after dues run:Who fixes the crop season for each crop in a state?A cash credit account is out of order if it exceeds its limit for:An amount is treated as overdue if it is not paid on the:Into how many categories are non-performing assets classified?An asset that has been an NPA for 12 months or less is:A substandard asset becomes doubtful after it stays there for:An asset identified as uncollectible but not yet written off is a:An NPA can be upgraded to standard only when the borrower pays:A working capital account goes bad if irregular drawings run for:A Central Government guaranteed advance turns NPA only when the:A State Government guaranteed advance turns NPA when dues run over:The general provision on a substandard asset is:An unsecured substandard exposure attracts a total provision of:A substandard infrastructure loan account attracts a provision of:An exposure is unsecured if realisable security is not more than:The provision on the secured part of an asset doubtful up to one year is:For an asset doubtful between one and three years the rate is:For an asset doubtful for more than three years the rate is:A loss asset left in the books must be provided at:Standard farm credit and small enterprise loans are provided at:Standard advances to commercial real estate are provided at:All other standard loans and advances are provided at:Provisions on standard assets are treated how for net NPA?An NPA of five crore rupees and above needs a stock audit at:Immovable property charged to a bank must be revalued once in:On detecting a fraud a bank may spread the provision over up to:A credit card account is reported past due only after:Prudential norms for income recognition followed the report of the:Income recognition must rest on the record of:A term loan becomes an NPA when dues stay overdue beyond:A bill purchased or discounted becomes an NPA after:A loan for a short duration crop turns NPA after dues run past:A loan for a long duration crop turns NPA after dues run past:An amount is treated as overdue when it is not paid on the:Non-performing assets are classified into how many categories?An asset stays substandard for a period of up to:An NPA becomes doubtful after it has been substandard for:An asset judged uncollectible but not yet written off is a:A working capital account turns NPA on irregular drawings lasting:A substandard infrastructure loan attracts a provision of:The provision on the secured part of an asset doubtful up to a year is:The provision on the secured part doubtful for one to three years is:The provision on the secured part doubtful beyond three years is:The provision required on an unsecured doubtful asset is:Loss assets that remain on the books must be provided for at:The standard asset provision on farm credit and housing loans is:The standard asset provision on commercial real estate is:Provisions on standard assets are not counted while arriving at:A central government guaranteed advance turns NPA only when the guarantee is:A state government guaranteed advance turns NPA after dues run past:A bank may spread the provision for a detected fraud over up to:An NPA of five crore rupees and above needs a stock audit: