Question

    Classification of a wilful defaulter occurs after how many months of an account becoming NPA?

    A 3 months Correct Answer Incorrect Answer
    B 6 months Correct Answer Incorrect Answer
    C 9 months Correct Answer Incorrect Answer
    D 12 months Correct Answer Incorrect Answer
    E 18 months Correct Answer Incorrect Answer

    Solution

    An account is classified as a wilful defaulter if it remains a Non-Performing Asset (NPA) for six months, indicating intentional default on loan repayment.

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