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Non-performing assets are classified into how many categories?
AThree
BSeven
CEight
DNine
Answer & Solution
Correct answer: A. Three
1. Classification follows how long an asset has been bad.
2. It also follows how far the dues can be realised.
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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