Fill the gaps in the NPA rules
Exercise and reference answers
- Missing parts
- Answer
- 90 days
- Choices
- 90 days
- 60 days
- 30 days
- Answer
- 12
- Choices
- 12
- 18
- 24
- Answer
- doubtful
- Choices
- doubtful
- standard
- special
- Answer
- 15 per cent
- Choices
- 15 per cent
- 25 per cent
- 40 per cent
- Complete the statement
- A term loan turns NPA once dues run past {0}. It stays substandard for {1} months, then becomes {2}. A substandard asset carries a provision of {3}.
- Instructions
- Tap a word to drop it into the empty slot.
Explanation
_Source: RBI Master Circular, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_