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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_
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