2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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5th
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9th
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8th
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16th
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Detailed explanation-1: -As per a report by CARE Ratings, India has ranked 5th on the list of countries with highest non-performing assets (NPA) levels. The report classified countries into four categories viz.
Detailed explanation-2: -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%).
Detailed explanation-3: -The average for 2021 based on 108 countries was 6.49 percent. The highest value was in San Marino: 58.96 percent and the lowest value was in Micronesia: 0.27 percent. The indicator is available from 2000 to 2021. Below is a chart for all countries where data are available.
Detailed explanation-4: -The Public sector banks account for a major share of the total Gross NPAs. In 2020-21, the NPAs of Public sector banks constitute around 72% of the total, with the Private Sector Banks, Foreign Banks & Small Financial Institutions accounting for the rest.
Detailed explanation-5: -NDA is India’s biggest non-performing asset, says Mallikarjun Kharge.