NPA Quiz
Practice quiz on NPA (Banking Awareness). 5 real exam questions.
About This Quiz
NPA Quiz — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.NPA stands for?
- A.Non-Performing Asset
- B.National Payment Authority
- C.Net Profit Assessment
- D.New Public Account
Show answer
Answer: A. Non-Performing Asset
Bad loans of banks.
Q2.A loan becomes NPA if interest/principal is overdue for more than?
- A.90 days
- B.30 days
- C.180 days
- D.365 days
Show answer
Answer: A. 90 days
Quarterly threshold.
Q3.IBC (Insolvency and Bankruptcy Code) was enacted in which year?
- A.2016
- B.2010
- C.2020
- D.2005
Show answer
Answer: A. 2016
Major reform for NPA resolution.
Q4.SARFAESI Act helps banks in?
- A.Recovery of NPAs by seizing assets without court intervention
- B.Opening new branches
- C.Setting interest rates
- D.Issuing currency
Show answer
Answer: A. Recovery of NPAs by seizing assets without court intervention
Asset recovery for banks.
Q5.Bad Bank (NARCL) in India was set up in?
- A.2021
- B.2015
- C.2018
- D.2023
Show answer
Answer: A. 2021
To take over stressed assets from banks.
Frequently Asked Questions
Is NPA Quiz free to attempt on AajExam?
Yes. NPA Quiz is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete NPA Quiz?
NPA Quiz runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on NPA Quiz ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt NPA Quiz multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
NPA questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.