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    Question

    As per IRAC norms, an asset becomes NPA when the

    interest or installment remains overdue for more than:
    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 30 days Correct Answer Incorrect Answer

    Solution

    Non-performing assets are those loans where interest or principal remains overdue for more than 90 days.

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