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Anon-performing assets is ____.A. Money at call and short noticeB. An asset that ceases to generate incomeC. Cash balance in tillD. Cash balance with RBI |
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Answer» Correct Answer - B A non-performing asset (NPA) is defined as a credit facility in respect fo which the interset and/or installment of principal has remined past due for a specified period of time. Once the borrow has failed to make interest of principal payments for 90 days the loan is considered to be a non-performing asset. |
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