Question
A term loan asset is formally classified as a
Non-Performing Asset (NPA) if the principal or interest payment remains overdue for a continuous period exceeding how many days?Solution
According to the standard Income Recognition, Asset Classification, and Provisioning (IRACP) norms, a term loan is classified as an NPA if the interest and/or installment of principal remains overdue for a period of more than 90 days.
Deficiency of which vitamin causes neural tube defect?
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