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    Question

    Which of the following is not considered as a non performing asset?

    A Sub-standard asset Correct Answer Incorrect Answer
    B Doubtful Asset Correct Answer Incorrect Answer
    C Loss asset Correct Answer Incorrect Answer
    D Special mention account Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    It is that loan asset/account in which the principal or interest payment or both have remained overdue for a continuous period of more than 90 days. A Special mention account (SMA) is that loan asset/account in which principal or interest payment or both are overdue but for a period less up to 90 days. It may also refer to an account which is showing any other non-financial signs of stress.

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