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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.
Consider the following statements regarding the ‘Tyndall effect’.
1. It is a phenomenon wherein scattering of a beam of light can be obser...
For which sport did Kale Sarika Sudhakar won the Arjuna Award 2020?
With the aim to teach how many sentences in 22 scheduled vernacular languages in Devanagari script with translation in English has Bhasha Sangam been la...
In which state of India is the Gol Gumbaz situated?
IAS officer Vini Mahajan became the first Woman Chief Secretary of which state in June 2020?
Where was the 12th edition of the 'Divya Kala Mela' held in 2023-2024?
Identify the option that arranges the following neighbouring countries of India according to their Human Development Index (HD) ranks in 2021-22 in incr...
Which of the following statements is/are correct regarding changes to Atal Pension Yojana Scheme (APY) done in 2022?
A. According to the new cr...
According to census 2011, the child sex ratio was ______ females per 1000 males.
Who is the author of the book “The Emperor of All Maladies” ?