Examveda

Micro or Small Enterprise (as defined in the MSMED Act, 2006) may be said to have become sick, if

A. any of the borrowal account of the enterprise remains NPA for ten months or more

B. any of the borrowal account of the enterprise remains NPA for eight months or more

C. any of the borrowal account of the enterprise remains NPA for five months or more

D. any of the borrowal account of the enterprise remains NPA for three months or more

Answer: Option D


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