Start learning →

A cash credit account is out of order if it exceeds its limit for:

A60 days
B10 days
C90 days
D30 days
Answer & Solution
Correct answer: C. 90 days
1. The outstanding must stay above the sanctioned limit. 2. It must do so continuously. 3. The period that triggers the flag is 90 days. _Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
Practise this question with Quill — IBPS Clerk →

Keep practising NPA & Recovery

Browse all NPA & Recovery questions for IBPS Clerk, or explore more Banking Awareness topics.

Start a NPA & Recovery lesson →