Q25: Under the Reserve Bank of India (Treatment of Wilful Defaulters and Large Defaulters) Directions, a "large defaulter" must have an outstanding amount of at least ₹1 crore.

The account is classified as Special Mention Account-2.

The account is written off wholly.

The account is classified as doubtful or loss.

The account is outstanding for 12 months.

✅ Correct Answer: C

A "large defaulter" has an outstanding amount of ₹1 crore and above.

A suit must have been filed.

Alternatively, the account is classified as doubtful or loss.

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