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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