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      Question

      A term loan account becomes NPA if interest/installment

      remains overdue for:
      A 60 days Correct Answer Incorrect Answer
      B 90 days Correct Answer Incorrect Answer
      C 180 days Correct Answer Incorrect Answer
      D One financial quarter Correct Answer Incorrect Answer
      E 120 days Correct Answer Incorrect Answer

      Solution

      As per RBI guidelines, a term loan is classified as NPA if overdue for more than 90 days.

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