Question : Which of the following is not a type of non-performing asset (NPA)?
Option 1: Substandard asset
Option 2: Doubtful asset
Option 3: Good asset
Option 4: Loss asset
Correct Answer: Good asset
Solution : The correct answer is (c). Good asset
Non-performing assets (NPAs) are classified based on their repayment status and level of impairment. On the other hand, a "good asset" is not a classification of an NPA. It refers to a performing asset, where the borrower is making timely repayments, and the loan is not classified as an NPA.
Option 1: Substandard assets
Option 2: Doubtful assets
Option 3: Bad assets
Option 4: Perfect assets
Option 2: Standard assets
Option 3: Doubtful assets
Option 4: Loss assets
Question : What is the full form of NPA?
Option 1: Non-Performing Assets
Option 2: Non-Productive Assets
Option 3: Non-Profitable Assets
Option 4: None of the above
Question : Which of the following is not a characteristic of effective management?
Option 1: Good communication
Option 2: Technical skills
Option 3: Decision-making ability
Option 4: Micromanagement
Question : Which of the following is a feature of a non-performing asset (NPA)?
Option 1: High credit rating
Option 2: Low risk
Option 3: Interest income is not received for a certain period of time
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