New RBI Grade B Notification Coming Soon... Prepare with Us!! Click here to enroll

    Register

    Question

    Provisioning for secured advances in doubtful category for up to one year is ______

    A 10% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer
    E 50% Correct Answer Incorrect Answer

    Solution

    In regard to the secured portion, provision may be made on the following basis, at the rates ranging from 25 percent to 100 percent of the secured portion depending upon the period for which the asset has remained doubtful:

    Practice Next

    Relevant for Exams:

    ×
    ×