Question

    An account with signs like frequent cheque returns and

    delayed payments is placed under:
    A NPA Correct Answer Incorrect Answer
    B Standard Asset Correct Answer Incorrect Answer
    C Special Mention Account Correct Answer Incorrect Answer
    D Loss Asset Correct Answer Incorrect Answer
    E Performing Asset Correct Answer Incorrect Answer

    Solution

    Such symptoms indicate stress and the need to classify the account under SMA for close monitoring.

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