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A term loan becomes an NPA when dues are overdue for more than:
A30 days
B180 days
C60 days
D90 days
Answer & Solution
Correct answer: D. 90 days
1. The question asks: A term loan becomes an NPA when dues are overdue for more than.
2. Correct answer: 90 days.
3. An account is NPA if interest or instalment stays overdue beyond 90 days.
_Source: BOI Quick Revision — General Banking & Financial Awareness (2020), NPA_
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