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Which type of asset is considered as non-performing for a period of more than 12 months?
  • a)
    Sub-Standard Assets
  • b)
    Standard Assets
  • c)
    Loss Assets
  • d)
    Doubtful Assets
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which type of asset is considered as non-performing for a period of mo...
Doubtful Assets are those assets which are considered as non-performing for a period of more than 12 months. This indicates that there is a significant doubt about their repayment.
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