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      Question

      If an ad-hoc credit limit sanctioned by a bank is not

      reviewed and the account shows no activity, when does it become an NPA?
      A 60 days Correct Answer Incorrect Answer
      B 90 days Correct Answer Incorrect Answer
      C 120 days Correct Answer Incorrect Answer
      D 180 days Correct Answer Incorrect Answer
      E 240 days Correct Answer Incorrect Answer

      Solution

      As per RBI norms, if ad-hoc/regular credit limits are not reviewed or renewed within 180 days, the account is treated as an NPA. (For CC/OD accounts, “no credits for 90 days” makes it out of order.)

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