New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the overdue time period for a term loan to be

    classified as NPA? 
    A 60 days Correct Answer Incorrect Answer
    B 90 days Correct Answer Incorrect Answer
    C 120 days Correct Answer Incorrect Answer
    D 210 days Correct Answer Incorrect Answer
    E 150 days Correct Answer Incorrect Answer

    Solution

    In case of interest payments in respect of term loans, an account will be classified as NPA if the interest applied at specified rests remains overdue for more than 90 days.

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