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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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