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Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer?.

Solutions for Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements regarding the Classification of NPAs. Doubtful Assets are assets that have remained NPA for a period less than or equal to 12 months. Substandard Assets is an asset that would be classified as doubtful if it has remained in the substandard category for a period of 12 months. As per RBI, a loss asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 and 3 onlyc)1, 2 and 3d)3 onlye)Only 1 and 3Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.