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Into how many categories are non-performing assets classified?
AThree
BSeven
CEight
DFour
Answer & Solution
Correct answer: A. Three
1. The split rests on how long the asset has been bad.
2. It also rests on how recoverable the dues are.
3. Substandard, doubtful and loss make three.
_Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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