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      Question

      Provisioning for secured advances in doubtful category

      for up to one year is ______
      A 10% Correct Answer Incorrect Answer
      B 15% Correct Answer Incorrect Answer
      C 25% Correct Answer Incorrect Answer
      D 40% Correct Answer Incorrect Answer
      E 50% Correct Answer Incorrect Answer

      Solution

      In regard to the secured portion, provision may be made on the following basis, at the rates ranging from 25 percent to 100 percent of the secured portion depending upon the period for which the asset has remained doubtful:

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