Question
Consider the following statements with respect to the
Non Performing Asset- I.NPA refers to a classification for loans or advances that are in default or are in arrears on scheduled payments of principal or interest. II.For agriculture, if principle and interest is not paid for three cropping seasons, the loan is classified as NPA. III.Gross NPAs are the sum of all the loans that have been defaulted by the individuals. Which of the following statements is/are CORRECT?Solution
NPA refers to a classification for loans or advances that are in default or are in arrears on scheduled payments of principal or interest.For agriculture, if principle and interest is not paid for two cropping seasons, the loan is classified as NPA.Gross NPAs are the sum of all the loans that have been defaulted by the individuals
Uttarakhand Gramin Bank established after the amalgamation of
Which of the following is not a debt security?
Which of the following is not the function of ATM?
‘IMPS’ is a new term being used in banking sector. Its full form is –
There is ______ for transaction from Rs. 1 to Rs. 1 Lakh under BHIM App.
Which of the following rates signals the RBI’s long-term outlook on interest rates?
What is the maximum amount in Senior Citizen Savings Scheme Account?
In which year the first Bank of India was established?
Which of the following statements is / are true?
I. NEFT settlement takes place at a particular point of time. (Six times a day during the w...
The bar graph given below shows the number of packets sold of Chips and Kurkure by a shopkeeper on 5 different days. Read the graph carefully and answer...
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