Banking · Non-Performing Assets
According to RBI guidelines, what happens to an asset if it has remained in the substandard category for a period of more than 12 months?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It is written off immediately from the balance sheet.
- 2It is classified as a doubtful asset.✓
- 3It becomes a lost asset.
- 4It is reclassified as a standard asset.
Correct answer
It is classified as a doubtful asset.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Banking?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Non-Performing Assets MCQs →Want more practice questions on Non-Performing Assets?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Banking · Non-Performing Assets