In the context of the 'Non Performing Assets' in India, consider the following statements: 1. A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. 2. Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets. 3. The Insolvency and Bankruptcy Code (IBC) is one of the major reason behind increasing number of NPAs in India. Which of the above statements is/are correct? - Study24x7
Social learning Network
study24x7

Default error msg

Login

New to Study24x7 ? Join Now
Already have an account? Login
googlePlay app_img
UPSC & State PSC
1008 followers study24x7 27 Jan 2021 07:41 PM study24x7 study24x7

In the context of the 'Non Performing Assets' in India, consider the following statements: 1. A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. 2. Banks are required to classify NPAs further...

See more

A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

UPSC Public Sector Jobs Arts
Like Comment Share
study24x7
Write a comment
Related Questions
500+   more Questions to answer

Popular Courses

Reasoning Special by Parwez Sir for... All Levels हिन्दी By Reasoning special by Parwez Alam
Online Free SSC Mock Tests All Levels English By Topline Coaching
FREE MOCK TEST FOR SSC CGL All Levels English By SSC Preparation Strategies & Study ...
GS 300 : Crash Course for BPSC & UP... Intermediate Level हिन्दी By Observer IAS 13,000 18,000 28% off
G.S. Foundation Premium Course All Levels हिन्दी By RAU IAS COACHING 2,199 4,199 48% off
Math Special Course for SSC CGL, CP... All Levels हिन्दी By Topline Coaching 999 1,499 33% off
SSC CGL, CPO, CHSL, GD Comprehensiv... All Levels English By Topline Coaching 3,999 5,499 27% off
English Special Course for SSC CGL,... All Levels English By Topline Coaching 999 1,499 33% off
Featured Courses
Popular Pages

Featured Courses

BESTSELLER
Reasoning Special by Parwez Sir for all Government... All Levels हिन्दी By Reasoning special by Parwez Alam
FREE
5.0
GS 300 : Crash Course for BPSC & UPPSC Mains & PT Intermediate Level हिन्दी By Observer IAS 13,000 5.0
BESTSELLER
SSC CGL, CPO, CHSL, GD Comprehensive Course All Levels English By Topline Coaching 3,999 5.0
G.S. Foundation Premium Course All Levels हिन्दी By RAU IAS COACHING 2,199 5.0
English Special Course for SSC CGL, CPO, GD All Levels English By Topline Coaching 999 5.0
Online Free SSC Mock Tests All Levels English By Topline Coaching
FREE
4.5
Math Special Course for SSC CGL, CPO, GD All Levels हिन्दी By Topline Coaching 999 5.0

Popular Pages

SAT (Scholastic Assessment Test)

18 followers

Reasoning special by Parwez Alam

148 followers

Study24x7

1218 followers

Henry Harvin

58 followers

CBSE Study Materials

83 followers

Get the App

Download the Study24x7 App, so you can connect and collaborate.

study24x7
study24x7
Most Related Articles