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After 12 months in the substandard category, an asset becomes:
ATotal loss asset
BStandard asset
CWritten off asset
DDoubtful asset
Answer & Solution
Correct answer: D. Doubtful asset
1. Substandard lasts up to 12 months.
2. Beyond that, recovery in full is highly questionable.
3. The asset becomes doubtful.
_Source: Reserve Bank of India, Glossary (rbi.org.in)._
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