Banking Exam Quizzes Online & Trivia

An account known as NPA are non-performing asset. A non-performing asset are the loans that someone has but it has not been fully paid and the payments have stalled for some reason. This means that over a period of time the payments have back up and are now in arrears. This period of time is about 90 days. Sometimes, NPA accounts can be classified as out of order. This status means that the account should be treated as out of order if the balance remains continuously in excess of the limit or drawing power. In cases where the outstanding balance in the principal operating account is less than the limit or drawing power, there are not credits for 90 days from the date of the balance sheet. The interest can’t be covered during that time either.

The answer to this is B. Two. There should be pairs available which mean that the letters should be divided into equal amounts. PAC and ETS can be the two pairs because the letter that will be between them is K. It states that the letter separating them should be consistent whether the word will be forward or backward. It cannot be one because the word has to be separated in pairs. It cannot be three because the letters between them will not be consistent. It also cannot be four because one letter will not have any pair. More than four is just not possible at this time.

No sales turnover norms to classify an account under regulatory retail portfolio

1. Upto Rs 50 crores

If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question

B & D below

All the above

Any amount due to the bank under any credit facility is ‘overdue’ if it is not paid on the due date fixed by the bank.

A & B above A & B above

Personal Guarantee of Promoters,Partners,Directors etc.,

A & C above

A & C above