NPAs- Bank advances of a Bank

Q.  Which of the following are Bank advances of a Bank?
- Published on 19 Oct 15

a. Bad debts
b. Non-performing Assets
c. Out of order accounts
d. Overdrawn accounts

ANSWER: Non-performing Assets
 
A Non-performing Asset is defined as a credit facility in respect of which the interest has remained 'past due' for a specified period of time.

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