📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      As per RBI’s Special Mention Account (SMA) framework,

      if an account remains overdue for 61–90 days, how is it classified?
      A SMA-0 Correct Answer Incorrect Answer
      B SMA-1 Correct Answer Incorrect Answer
      C SMA-2 Correct Answer Incorrect Answer
      D Sub-standard Asset Correct Answer Incorrect Answer
      E Doubtful Asset Correct Answer Incorrect Answer

      Solution

      SMA categories are: SMA-0 (1–30 days), SMA-1 (31–60 days), SMA-2 (61–90 days). Beyond 90 days, the account becomes an NPA.

      Practice Next
      More Accounts Questions

      Relevant for Exams:

      ask-question