Question
How should fees and commissions earned by banks through
debt renegotiations or rescheduling be recognized?Solution
According to the given information, fees and commissions earned by banks as a result of debt renegotiations or rescheduling should be recognized on an accrual basis over the period of time covered by the renegotiated or rescheduled extension of credit. This means that the fees and commissions should be recognized gradually over the duration of the renegotiation or rescheduling period, reflecting the actual earning of the bank as the process unfolds.
A bond which is issued to finance projects that generate environmental benefits and reduce carbon intensity are known as __________ ?
Who is the new President of the European Investment Bank, taking office on January 1?
Which of the following statements about Asset Management Companies (AMCs) is true?
How many Central Recordkeeping Agency (CRA) are registered under PFRDA?
Index of Industrial Production is showing better performance after second wave, identify the base year of IIP ?
A ______ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions have been met.
An Alternate Director can be appointed in place of a director who has been absent for a period of not less than ______ from India.
Arrange the Poverty Estimation Committees as per the historical time line.
I- National Planning Committe...
Which organization releases Financial Inclusion Index?
Which one of the following is not one of the pillars of PMJDY?
