📢 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 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.

      Practice Next
      More Financial Management Questions

      Relevant for Exams:

      ask-question