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      Question

      A 'Sub-standard' asset is one which has remained an NPA

      for a period:Β 
      A Less than or equal to 6 months Correct Answer Incorrect Answer
      B Less than or equal to 12 months Correct Answer Incorrect Answer
      C Exceeding 12 months Correct Answer Incorrect Answer
      D Exceeding 24 months Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      An asset is classified as sub-standard if it has remained an NPA for a period less than or equal to 12 months.

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