Question

The Finance Ministry has issued a uniform staff accountability framework for NPA accounts upto _____ for the people taking bonafide business decisions.

A 30 crore Correct Answer Incorrect Answer
B 25 crore Correct Answer Incorrect Answer
C 50 crore Correct Answer Incorrect Answer
D 75 crore Correct Answer Incorrect Answer
E 35 crore Correct Answer Incorrect Answer

Solution

To protect the people taking bonafide business decisions, the finance ministry has issued a uniform staff accountability framework for NPA accounts up to Rs 50 crore; these guidelines shall be implemented with effect from April 1, 2022 next year.

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