Question
How much provision is required for an asset which is
there in a doubtful category upto 12 months?Solution
Doubtful assets middot; 100 percent of the extent to which the advance is not covered by the realisable value of the security to which the bank has a valid recourse and the realisable value is estimated on a realistic basis. middot; 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:
| Period for which the advance has remained in lsquo;doubtfulrsquo; category | Provisioning requirement (%) |
| Up to one year | 25 |
| One to three years | 40 |
| More than three years | 100 |
Which of the following is generally used for reclamation of soil acidity?
Which among the following method is the sexual method of Propagation?
Sodium adsorption ratio is a measure of the amount of sodium (Na) relative to calcium (Ca) and magnesium (Mg) in the water extract. Which of the followi...
Which cotton species is recognized as "American cotton" or "Upland cotton" and has an allelotetraploid chromosome number?
When is World Wetland Day celebrated?
The soils of very cold climates which are defined as containing permafrost within two meters of the soil surface belongs to the order
India Meteorological Department is an agency of the__________.
Which of the following mechanisms do not encourage cross pollination?
Mealy bug is the major pest of:
The only metallic element present in CHLORPHYLL
Relevant for Exams:
