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A working capital account turns NPA on irregular drawings lasting:
A90 days
B60 days
C30 days
D45 days
Answer & Solution
Correct answer: A. 90 days
1. The unit may still be working and the borrower sound.
2. That does not save the account.
3. Continuous irregular drawings for 90 days make it an NPA.
_Source: RBI Master Circular, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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