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Fill the gaps in the NPA rules

Exercise and reference answers

Missing parts
  1. Answer
    90 days
    Choices
    1. 90 days
    2. 60 days
    3. 30 days
  2. Answer
    12
    Choices
    1. 12
    2. 18
    3. 24
  3. Answer
    doubtful
    Choices
    1. doubtful
    2. standard
    3. special
  4. Answer
    15 per cent
    Choices
    1. 15 per cent
    2. 25 per cent
    3. 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_
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