Economics · Indian Economy
In commercial banking, what is a Non-Performing Asset (NPA)?
- 1Government Securities held by banks
- 2A loan or advance where interest or installment of principal remains overdue for a specified period✓
- 3Foreign Exchange Reserves of the country
- 4Gold Reserves kept with the Central Bank
Correct answer
A loan or advance where interest or installment of principal remains overdue for a specified period
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