Non-performing assets in the doubtful debts category have been past due for at least 18 months. Banks generally have serious doubts that the borrower will ever repay the full loan. This class of NPA seriously affects the bank’s own risk profile.
Loss Assets
These are non-performing assets with an extended period of non-payment. With this class, banks are forced to accept that the loan will never be repaid, and must record a loss on their balance sheet. The entire amount of the loan must be written off completely.
Coefficient of elasticity of demand is negative. It means:
Income effect states that as price of a good falls, demand rises since there is rise in
If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
Which of the following issues are the reasons behind the inflation in Indian Economy?
When a price ceiling is imposed in a market,
What is the name given to the difference between value of output and value added?
Which of the following statement is correct about the situation in the economy?
Which statement is correct regarding the situation of Inflation in an Economy?
Which of the following situations will result after high growth?
The range of the correlation coefficient is?
