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A State Government guaranteed advance turns NPA when dues run over:
A30 days
B60 days
C10 days
D90 days
Answer & Solution
Correct answer: D. 90 days
1. The invocation requirement has been delinked for these.
2. They follow the ordinary delinquency test.
3. That test is more than 90 days overdue.
_Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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