Banking Sample Paper IBPS PO (Main) Sample Test Paper-3

  • question_answer
    As per the RBI, the asset which is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted, although there may be some salvage or recovery value, is termed as

    A)  Substandard assets        

    B)  Doubtful assets 

    C)  Loss asset                    

    D)  Harmful asset

    E)  None of these

    Correct Answer: C


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