Question

An account has interest overdue 95 days, but principal serviced regularly. Stock statements not submitted for 4 months. What is the correct classification?

A Standard
B SMA-2
C Sub-standard
D Doubtful
E Out of Order only
Practice Next

More Basic Accounting Concepts Questions

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)