Question
 RBI has extended the deadline for NBFCs to adhere to
new NPA (Non performing assets) recognition norms to :Solution
The Reserve Bank of India extended the timeline by six months for NBFCs to adhere to the new NPA recognition norms. Earlier the regulator had set March 31 deadline for non-bank lenders to upgrade NPAs only after all arrears and principal dues are paid. NBFCs will have time till September 30, 2022, to put in place the necessary systems to implement this provision. RBI also clarified that loans classified as NPA will be upgraded to the standard category          Â
IND AS 115 prescribes a 5-step model for recognition of revenue, identify the correct sequence of the following steps given below:
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Deduction in respect of royalty income of authors under Chapter VI is allowed under Section:
Prime or the most important Objective of financial management is ______.
Under the co-lending model of 2020, what minimum share of loans must banks undertake in partnership with NBFCs?
Audit of accounts by the staff of the business is known as:
The depreciation of assets is computed on their:
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
For a given product, the sales of a company @ ₹ 200 per unit is ₹ 20,00,000. Variable cost is ₹ 12,00,000 and fixed cost is ₹ 6,00,000. The cap...
Time of supply means
What is the role of GeM in promoting transparency in government procurement?
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