Question

    What is the maximum extension allowed for infrastructure

    projects involving court cases when restructuring a project loan classified as a 'standard asset'?
    A 1 year Correct Answer Incorrect Answer
    B 4 years Correct Answer Incorrect Answer
    C 2 years Correct Answer Incorrect Answer
    D 3 years Correct Answer Incorrect Answer
    E 5 years Correct Answer Incorrect Answer

    Solution

    The maximum extension allowed for infrastructure projects involving court cases is up to another 2 years beyond the existing extended period of 2 years, i.e., a total extension of 4 years.

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