In respect of an Overdraft/Cash Credit (OD/CC), when is the advance treated as NPA?
Overdraft/Cash Credit (OD/CC) facility is considered as Non-Performing Asset (NPA) when the account remains 'out of order'. An account is considered 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit or drawing power, whichever is lower, for 90 days or more. In other words, if the borrower exceeds the authorized credit limit or fails to maintain the required balance in the account, the account is considered 'out of order' and the advance is treated as an NPA.
Under the Trade Union Act 1926, what is the time limit for a Trade Union to send a notice of dissolution to the Registrar?
Under which Act, Second Law Commission of India was appointed?
Which of the following is NOT a renewable energy source?
The cost price of 25 apples is Rs.60. If it is sold at 25% profit, then how many apples will be sold for Rs.72?
Under which Schedule of the Companies Act, 2013, the formats of financial statements are prescribed?
What is the time limit for the payment of gratuity to an eligible employee under the Act?
The range of word length for a super computer is?
What is the monthly wage ceiling specified under Section 4(1) for working out the maximum amount of compensation, after the amendment made in 1995?
Which of the following account is affected from the drawings of cash in sole-proprietorship business?
Which of the following statements is/are incorrect in regards to PM MITRA (Mega Integrated Textile Region and Apparel)?
1.The scheme is under the...