What is the full form of "NPA"?
A. Non Profit Assets
B. Non Performing Assets
C. National Product Analyst
D. Net Profit Asset
Answer: Option B
Solution(By Examveda Team)
A non performing asset (NPA) refers to a classification for loans or advances that are in default or in arrears. A loan is in arrears when principal or interest payments are late or missed. A loan is in default when the lender considers the loan agreement to be broken and the debtor is unable to meet his obligations.This Question Belongs to Abbreviations >> Business Abbreviations
Related Questions on Business Abbreviations
What is the full form of "B2C"?
A. Business Consortium
B. Bank to Consumer
C. Banking to Commodity
D. Business to Consumer
What is the full form of "SEBI"?
A. Sales Exchange Board of India
B. Sales Enterprise Business Inflation
C. Security Board of India
D. Securities and Exchange Board of India
What is the full form of "PLR"?
A. Profit Lending Rate
B. Prime Lending Rate
C. Private Lending Ratio
D. Profit Liability Return
What is the full form of "OPEC"?
A. Organisation of Petroleum Exporting Countries
B. Average Annual Growth Rate
C. Sensitivity Index
D. Indian Oil Corporation
Join The Discussion