Question
Which of the following is true regarding the Reserve
Bank of India's prudential norms for income recognition, asset classification, and provisioning for banks' advances portfolio?Solution
The provisioning should be made on the basis of the period for which the asset has remained non-performing and the availability of security and the realizable value thereof. Options A and B are incorrect because the policy of income recognition should be objective, and the classification of assets should be done on the basis of objective criteria. Option D is incorrect because banks are urged to ensure that realistic repayment schedules may be fixed on the basis of cash flows with borrowers. Option E is incorrect because the prudential norms are aimed at improving consistency and transparency in the published accounts.
Palmitic and oleic acids are prominent fatty acids in insects and comprise:
Total head of pipeline represent as   Â
Breeding value  of an individual is
Curled toe disease in poultry is caused by the deficiency of which vitamin?
What percentage of fat does sorghum grain contain?
The committee which recommended the merger of RB with sponsoring bank.
What is the term for the process of introducing young fish or shrimp into an aquaculture system?
Highest SNF content is found in which animal milk?
Guava pest which deposit eggs on soft skin of ripening fruit, on hatching maggot bore into fruit and feed on the soft pulp, the infested show depression...
How much time is taken for rearing of prawn?