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      Question

      A loan classified as doubtful asset is one that remains

      in sub-standard category for more than:
      A 90 days Correct Answer Incorrect Answer
      B 6 months Correct Answer Incorrect Answer
      C 12 months Correct Answer Incorrect Answer
      D 18 months Correct Answer Incorrect Answer
      E 24 months Correct Answer Incorrect Answer

      Solution

      As per RBI, if an asset remains sub-standard for over 12 months, it becomes a doubtful asset.

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