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Indian Economy MCQ
1. Which among the following is incorrect regarding NPA (Non Performing Assets)?
(A): (A) They are loans given by a bank of financial institution where the borrower defaults or delays interest or principle amount
(B): (B) Banks are not allowed to book any income from NPAs
(C): (C) A loan repayment which is delayed beyond 1 year has to be identified as NPA
(D): (D) None of the above
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