Question
If the realisable value of security held by a bank is
less than what percentage of the exposure, the asset is treated as unsecured (loss asset)?Solution
According to IRAC norms, if the realizable value of security is less than 10% of total exposure, the asset is treated as unsecured, which calls for 100% provisioning.
More Accounts Questions
All phenomenon of weather and climate takes place in
Neera is prepared form which of the following fruit?
The Agricultural year in India starts and ends on ____
Example of CAM plants is ?
World Forestry Day is celebrated on
Income elasticity for normal goods is:
Which of the following crops are usually called as alkali tolerant crops.
A day is known as rainy day when in 24 hours rainfall is
Which agro climatic region has highest intensity of agriculture in the country?
Trashing, Arrowing and Ratooning are common practices in
Relevant for Exams:
