Question

    A Micro or Small Enterprise may be said to have become Sick, if any of the borrowal account of the enterprise remains NPA for ________ months or more.

    A 6 Correct Answer Incorrect Answer
    B 3 Correct Answer Incorrect Answer
    C 9 Correct Answer Incorrect Answer
    D 5 Correct Answer Incorrect Answer
    E 12 Correct Answer Incorrect Answer

    Solution

    As per the new guidelines, a MSE would be considered sick if any of the borrowal account of the enterprise remains non-performing assets (NP1) for three months or more. Earlier, a unit was considered sick if its borrowal account remained sub-standard for more than six months.

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