What is the India’s ranks on a list of countries with highest Non-performing Assets (NPA) levels, according to latest report by CARE Ratings?

13th

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20th

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9th

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5th

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None of the above

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Solution

The correct option is D 5th
India has been ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels and is on top spot among the BRICS nations, according to latest report by CARE Ratings. The NPA list is topped by Greece (36.4%) followed by Italy (16.4%), Portugal (15.5%) and Ireland (11.9%).

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