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    Question

    As per RBI draft prudential guidelines for Advances -

    Projects Under Implementation, Directions, 2024, the original or revised repayment tenor, including the moratorium period, if any, shall not exceed ________ of the economic life of the project.
    A 65% Correct Answer Incorrect Answer
    B 75% Correct Answer Incorrect Answer
    C 85% Correct Answer Incorrect Answer
    D 90% Correct Answer Incorrect Answer
    E 95% Correct Answer Incorrect Answer

    Solution

    The original or revised repayment tenor, including the moratorium period, if any, shall not exceed 85% of the economic life of the project. The economic life of a project is the time period when an asset/project is expected to be useful and generate more income than it costs to maintain. It's also known as the useful life or depreciable life of the project/asset.

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