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Questions and Answers
What are non-performing assets also known as?
What are non-performing assets also known as?
- Good investments
- High-yield assets
- Bad loans (correct)
- Profitable assets
What is the significance of non-performing assets?
What is the significance of non-performing assets?
- They pose a significant challenge to the health of the economy (correct)
- They indicate a healthy economy
- They have no impact on the economy
- They are beneficial for the economy
What is the purpose of provisioning in case of NPAs?
What is the purpose of provisioning in case of NPAs?
- To cover potential losses from NPAs (correct)
- To minimize regulatory requirements
- To avoid reporting NPAs
- To maximize profits from NPAs
What does CRILC stand for?
What does CRILC stand for?
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Why do NPAs require urgent attention?
Why do NPAs require urgent attention?
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