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According to the income recognition policy, interest on advances against Term Deposits, National Savings Certificates (NSCs), Kisan Vikas Patras (KVPs), and life insurance policies can be taken to the income account on the due date, provided adequate margin is available in the accounts. This means that the borrower should maintain a sufficient margin or collateral to cover the advances, ensuring a certain level of security for the bank. Without adequate margin, the interest cannot be recognized as income.
What is the current FIFA Ranking of the Indian football team, as of [current year]?
Which of the following launched NEAT 3.0 to provide best developed ed-tech solutions, in January 2022?
Which of the following microfinance institutions was established in India at the time of independence?
What is the name given to the lander and rover of Chandrayaan 3?
Which element is known for having the highest electronegativity?
The Serengeti National Park is a large national park in ___________.
The 15th finance Commission suggested that the centre bring down fiscal deficit to 4% of GDP by ___________.
Infosys, Indian IT services company, announced a multi-year partnership with which women's tennis player?
India’s sportsperson Lakshya Sen is associated with which of the following games?
How much % equi relaxation on commerce have been decided by both the countries India and USA?