With reference to RBI's classification of NPAs, which of the following statements are true?
- Substandard assets are those that remain NPA for up to 12 months.
- Doubtful assets have weaknesses that make full recovery unlikely.
- Loss assets must be fully written off from the bank’s accounts.
1
Only 1
2
Only 1 and 2
3
Only 2 and 3
4
Only 1 and 3
5
All of the above