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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.
Which one of the following is not correctly matched?
A suit is instituted by:
The term debt has been defined under IBC as _________________
Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration?
A Lessor is bound to disclose to the lessee any material defect in the property __
As per the Specific Relief Act what is the liability of a person having the possession or control of a particular article of movable property, of which ...
The expression "agent duly authorised in this behalf" in Sections 18 and 19 of Limitation Act, 1963 shall, in the case of a person under disability to s...
Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days ___________________
In the discharge of its functions under the Airports Authority of India Act, the Authority shall act, so far as may be, on _______________
The Bharatiya Nyaya Sanhita, 2023 removes sedition as an offence. However, _________ has been included instead of sedition
