Question
For more than three years (unsecured) doubtful advances,
provision will be made forSolution
As per the guidelines issued by the Reserve Bank of India (RBI), for doubtful advances, banks are required to make a provision based on the period for which the asset has remained doubtful. For unsecured advances that are considered doubtful for a period of more than three years, the provision to be made is 100%. This means that the bank must set aside an amount equal to 100% of the outstanding amount of the unsecured doubtful advance as a provision against possible losses.
The President of India is elected indirectly by the electoral college consisting of the elected members of the:
The Chairperson and every other whole-time member shall__________________
Suit against a trustee of a temple for account of trust property and proceeds thereof-
Which of the following statements best describes the principle of progressive taxation?
Which of the following is an exception to the doctrine of privity of contract rule _______________?
In which section is the offence of Rioting defined under IPC?
According to Indian Partnership Act, 1932 Which of the following best describes a partnership?
The right of mortgagor to redeem is mentioned under which section of the Transfer of Property Act, 1882?
“No member of the Delhi Special Police Establishment shall exercise powers and jurisdiction in any area in a State without the consent of the Governme...
Which of the following is not true about possession as per S.5 of the Specific Relief Act, 1963?