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According to RBI, Standard Assets are those where:

easy Q1 of 15
Financial Awareness - Risk, Stability & Emerging Finance
According to RBI, Standard Assets are those where:
AInterest or principal is overdue for 90 days
BRepayments of principal and interest are regular
CThe asset has been NPA for more than 12 months
DThe loan is considered uncollectible
Step-by-Step Solution

  1. Step 1: Understand Standard Assets

    Standard Assets are performing assets with no overdue payments.

  2. Step 2: Recall RBI classification

    Repayments are kept up to date as per repayment schedule.

  3. Final Answer:

    Repayments of principal and interest are regular → Option B

  4. Quick Check:

    Standard Assets = regular repayments ✅
Quick Trick: Standard Assets = No overdue, fully performing.
Common Mistakes:
  • Confusing Standard Assets with NPA categories.
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