RBI Recovery Policy Quiz

What is the primary objective of RBI's recovery policy?

• Credit growth

• Profit maximization

• Resolution of stressed assets

• Tax revenue collection

What does NPA stand for in banking terminology?

• Net Profit Asset

• Non-Priority Asset

• Non-Payment Account

• Non-Performing Asset

As per RBI, an asset is classified as an NPA if repayment is overdue for more than how many days?

• 60 days

• 30 days

• 90 days

• 120 days

Which of the following is not part of RBI's recovery framework?

• Lok Adalat mechanism

• FEMA Regulations

• SARFAESI Act

• Insolvency and Bankruptcy Code (IBC)

What is the full form of SARFAESI?

• Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest

• None of the above

• Secured Assets and Recovery of Financial Equity in India

• Statutory Rules for Assets and Financial Equity Security Interest

Which category of assets is least risky according to RBI guidelines?

• Substandard assets

• Standard assets

• Doubtful assets

• Loss assets

A doubtful asset is one that has remained in the substandard category for how many months?

• More than 24 months

• Less than 12 months

• 18-24 months

• More than 12 months

Which of the following is a tool used by banks to recover NPAs?

• Foreign investment

• Tax incentives

• Compromise settlement

• Capital infusion

What is the provision requirement for substandard secured assets as per RBI norms?

• 5%

• 25%

• 15%

• 10%

Which type of NPA category involves assets where the loss is identified, and recovery is uncertain?

• Loss assets

• Substandard assets

• Standard assets

• Doubtful assets