A non-performing asset with a financial institution denotes an asset on which __________________.

Regular dividend is not being received

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Interest is on default for two quarters or more

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Repayment of capital appeals difficult

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There is no earning of profit

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Solution

The correct option is C Interest is on default for two quarters or more
A non performing asset is an asset which is usually listed in the balance sheet of a bank. It is an asset on which interest is due for more than 90days and the payment for the same has not been yet received.

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A non-performing asset with a financial institution denotes an asset on which __________________.

The correct option is C Interest is on default for two quarters or moreA non performing asset is an asset which is usually listed in the balance sheet of a bank. It is an asset on which interest is due for more than 90days and the payment for the same has not been yet received.

The correct option is C Interest is on default for two quarters or more
A non performing asset is an asset which is usually listed in the balance sheet of a bank. It is an asset on which interest is due for more than 90days and the payment for the same has not been yet received.