Assets which has remained NPA for a period less than or equal to 12 months is called as:

The correct answer is: C. Doubtful Assets

Doubtful assets are assets that have remained non-performing for a period of 12 months or more. They are considered to be a high risk of default and are likely to be written off.

Substandard assets are assets that have remained non-performing for a period of 6 to 12 months. They are considered to be a moderate risk of default and may be written off if the borrower’s financial condition does not improve.

Loss assets are assets that have remained non-performing for a period of more than 12 months and are considered to be a very high risk of default. They are likely to be written off and are not expected to be

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