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.
Classical production function, the point where elasticity of production remains zero is at:
Which state has covered largest area under organic certification?
Which farming technique involves clearing tracts by burning, cultivating for a limited period, and then allowing regeneration of natural vegetation?
Which of the following is major greenhouse gas associated with livestock agriculture
Visual aid of communication does not include which of the following?
Which of the following is NOT associated to cause wilt disease in plants?
Diamond Back Moth (DBM) is a specific insect of which crop?Â
The let-down of milk in cow is due to release of which of the following hormone?Â
When one buyer and larger number of sellers, the market condition is known as
Ooze test is used for the detection of ___
