aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
Multiple choice

If NPA is purchased from Bank X by Bank Y, who wants to sell it to Bank Z, what is the time period for which the account should remain with bank Y?

  1. 6 months

  2. 12 months

  3. 15 months

  4. 18 months

  5. 2 years

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

(4) The time period for which the account should remain with bank Y is minimum 18 months.

Keep practicing — related questions

  • A bank can purchase NPA from another bank, if in the books of selling bank, the account was NPA for
  • Mrs. Radhika opened a saving bank account on 14th March of a year and closed it on 12th November of the sam...
  • For an account and a share of profits of a dissolved partnership, the period of limitation is _______ from ...
  • For an account and a share of profits of a dissolved partnership, the period of limitation is __________ fr...
  • ABC Limited, a company, has gone in liquidation and Mr. X is appointed as liquidator. He has opened a bank ...
  • A primary (Urban) cooperative bank can provide safe deposit locker facility to its customers only if its NP...
  • Bank B gets a cheque from its customer X (in the name of the payee). The words “pay to Mr. X account no. 32...
  • What will be the output of the program? class Test { public static void main(String [] args) { int x= 0; in...
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy