Which of the following is true regarding the Reserve Bank of India's prudential norms for income recognition, asset classification, and provisioning for banks' advances portfolio?
The provisioning should be made on the basis of the period for which the asset has remained non-performing and the availability of security and the realizable value thereof. Options A and B are incorrect because the policy of income recognition should be objective, and the classification of assets should be done on the basis of objective criteria. Option D is incorrect because banks are urged to ensure that realistic repayment schedules may be fixed on the basis of cash flows with borrowers. Option E is incorrect because the prudential norms are aimed at improving consistency and transparency in the published accounts.
The sum of a positive number 'A' and its square is 240. Find the value of (A2 - 7A).
Gaurav ate in a restaurant and got a membership discount of 30% on the original bill amount but he has to pay 9% as service tax and 8% service charge on...
The divisor is 35 times the quotient and 7 times the remainder. If the quotient is 18, the dividend is :
A number when divided by 234 gives the remainder 36. What will be the remainder when it is divided by 13?
The sides of a right angled triangle is 6, 8 and 10cm. Another triangle is formed by joining the mid points of all the sides of the triangle and in the ...
Sum of all positive integers from 1 to 100 is
The unit’s digit in the product 1771 × 2663 × 3365 is
Find the average of first 15 whole numbers.
The product of two co-prime numbers is 945 then find their LCM.