Banking Awareness - Basics Of Banking & Banking Terminology
Once a loan is classified as NPA, which category does it enter first?
Once a loan is classified as NPA, which category does it enter first?
medium Q4 of 15
Step-by-Step Solution
Step 1: Recall NPA progression
NPA assets are further categorised based on duration.Step 2: Apply sequence
The first stage after NPA is sub-standard.Final Answer:
Sub-standard asset → Option DQuick Check:
NPA → Sub-standard is the first step ✅
Quick Trick: First NPA stage = Sub-standard.
Common Mistakes:
- Skipping directly to doubtful assets.
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