Economics · Indian Economy
Which of the following describes a Non-Performing Asset (NPA) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A loan repaid well ahead of time
- 2A home loan actively repaid with regular monthly EMI payments
- 3A loan secured fully against gold ornament deposits
- 4A loan or advance where interest and/or installment of principal remains overdue for a period of more than 90 days✓
Correct answer
A loan or advance where interest and/or installment of principal remains overdue for a period of more than 90 days
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