Question
If an ad-hoc credit limit sanctioned by a bank is not
reviewed and the account shows no activity, when does it become an NPA?Solution
As per RBI norms, if ad-hoc/regular credit limits are not reviewed or renewed within 180 days, the account is treated as an NPA. (For CC/OD accounts, “no credits for 90 days” makes it out of order.)
If a bill of exchange is drawn in a set of three,
A person is presumed to be alive if it is shown that he was alive within________years.
For the acceptance of deposits from public by an eligible company it shall obtain ____________ credit rating for deposits accepted by it and a copy of ...
What principle governs the conviction and penalty for an offense under the Constitution?
Under the provisions related to reinsurance with Indian re-insurers, which of the following statements is most accurate?
What is the enactment date of PFRDA Act?
What does equality before law mean?
Under Section 29B of Arbitration Act, when can there be fast track proceedings?
Who is competent to issue a conditional order for removal of nuisance under section 133 of Cr.P.C?
‘A’ intentionally causes ‘B’s’ death, partly by illegally omitting to give food to ‘B’ and partly by beating ‘B’. What offence, it any...
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