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A state government guaranteed advance turns NPA after dues run past:
A60 days
B30 days
C45 days
D90 days
Answer & Solution
Correct answer: D. 90 days
1. Invocation of the guarantee has been delinked here.
2. The ordinary delinquency rule applies instead.
3. The cut off is 90 days.
_Source: RBI Master Circular, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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