Question
For an Asset Reconstruction Company (ARC), after how
many days of overdue does a receivable get classified as a Non-Performing Asset (NPA) in its books?Solution
• In the context of ARCs, the definition of NPA is slightly different from that used for banks. • An asset is treated as NPA in the books of an ARC if: o Interest or principal (or installment) is overdue for 180 days or more from the date of acquisition or the contractual due date (whichever is later). o Or if overdue for 180 days or more as per the repayment plan formulated by the ARC. o Or if overdue for 180 days or more in case no resolution plan is formulated. • This longer window (180 days) reflects the specialized nature of ARCs, which deal with stressed assets that need restructuring or realization.
The brothers were ____________ when the war began.
Other reforms give some _________ to those seeking to reduce animal suffering.
Choose the appropriate phrase/words from the options given to fill in the blanks:
The Congress named Mr. Gandhi on its first list as its _____...
The changed global geopolitical situation is a good time to _____________ on the peculiar case of Ladakh’s eastern boundary and the unnecessary on...
Fill in the blanks with the appropriate antonym of the word highlighted.
Many clubs in the Country are bringing the game into repute whereas this...
In the following question, a sentence is given having two blanks in it followed by 5 options. Each option contains a pair of words. Choose the option w...
The river in full ________ was witness to rituals performed by newly-weds ________ older women.Â
Instead of addressing the issue directly, he tried to _______ and avoid the difficult conversation.
The sharp ___________ in bond yields has ________ banks with losses on treasury operations dominated by sovereign bond________. Rating agency ICRA __...
The climate of Pune is better…….…………….
Relevant for Exams:
