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What does NPA stand for in the context of banking and finance?
  • a)
    Non-Performing Asset
  • b)
    National Planning Agency
  • c)
    Non-Profit Association
  • d)
    New Public Administration
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
What does NPA stand for in the context of banking and finance?a)Non-Pe...
NPA stands for Non-Performing Asset, which refers to a classification of loans or advances that have stopped generating interest income for banks due to non-payment by the borrowers.
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What does NPA stand for in the context of banking and finance?a)Non-Performing Assetb)National Planning Agencyc)Non-Profit Associationd)New Public AdministrationCorrect answer is option 'A'. Can you explain this answer?
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