Mr. P came across a customer named Trustworthy whose term loan instalment was overdue for 90 days at the year-end, but it was 100% secured against the office building. The same was classified as a Substandard assetQ- In your opinion is Trustworthy a standard asset or a substandard asset(a) Though it is due for 90 days, it is 100% secured so it is a standard asset. (b) Since it is due for 90 days, it is a substandard asset irrespective of the security.(c) Since it is not due for more than 90 days, it is a standard asset irrespective of the security.(d) Since it is not due for more than 90 days and it is 100 % secured, it is a standard assetAs per ICAI it is Option – C but I think it shall be option BRef- https://resource.cdn.icai.org/71220bos57230-p6.pdf  Q- 2.3