Module: General Practice
Q27: In the context of the "Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises," banks are required to identify incipient sickness. Which specific account classification triggers this identification?
✅ Correct Answer: C
🎯 Quick Answer:
SMA-2.SMA-1: Overdue for 31–60 days.
SMA-2: Overdue for 61–90 days.
Causal Reasoning: SMA-2 is the final stage before NPA (90 days). Identifying stress at this stage allows the bank and borrower to initiate a Corrective Action Plan (CAP) to prevent the account from turning bad.