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.
What is the primary aim of the Credit Assistance Program for Jan Aushadhi Kendras launched by the partnership between SIDBI and PMBI?
Who is appointed as an Additional Director of LIC HFL Board?
Which of the following has become the first person from Bangladesh to ascend Pakistan’s administered K2, the second-highest mountain peak?
Karpuri Devi, a renowned artist, was related to which painting style?
 In the year 2022, India and Israel mark the ____ years of friendship of diplomatic ties.
The Blue Line is an international boundary between which two countries?
In which decade was the negative growth rate in India's population recorded?
Himachal Pradesh’s Baljeet Kaur scaled _____ km four times in a season with her guide Mingma Sherpa.
What was the Contingent Risk Buffer (CRB) percentage for FY24 as decided by the RBI Board?
Which state in India is home to Dodabetta, the highest peak of the Nilgiri Mountains?
