NPA is either person or account

Answer Posted / bindu

NPA full form is Nonperforming assets used in banking
sector. Banks usually classify as nonperforming assets any
commercial loans which are more than 90 days overdue and
any consumer loans which are more than 180 days overdue.
More generally, an asset which is not producing income.

Is This Answer Correct ?    11 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What will be entry pass in tally if TDS paid by Credit Card.?

1581


What is compensation theorem?

2492


what is budgetory control and what are the types

1920


what are the different causes for discrepencybetween the balance of cash book and pass book

1452


what is GL Balance

1827






Purchase book is a ----------journal

1694


Expand--------CMTS

1932


closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?

1222


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2261


What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

1744


what are the differences between Tally and Focus?

7386


what is the difference between planned and non planned budgt

1544


Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

1683


What si the differance between REVENUE and PROFIT?

1463


we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

1614