MCQOPTIONS
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| 1. |
Which among the following defines a non-performing asset? |
| A. | In a loan account, the principal due has not been paid for more than ninety days |
| B. | In a loan account, the interest due has not been paid for more than ninety days |
| C. | Both [a] and [b] as mentioned above |
| D. | Assets that have not been commented upon by the bank auditors |
| E. | None of these |
| Answer» D. Assets that have not been commented upon by the bank auditors | |