Question
In accordance with the recently published discussion
paper on Introduction of Expected Credit Loss Framework for Provisioning by Banks on which of the below mentioned class the proposed framework would be applicable?Solution
Proposed scope of ECL for provision for loan loss The proposed framework would be applicable to financial assets that meet both conditions, which are given as under: • Financial assets are ‘applicable financial assets’ which include: o all loans and advances o irrevocable6 loan commitments (including sanctioned limits under revolving credit facilities) o lease receivables o irrevocable financial guarantee contracts o investments classified as held-to-maturity or available-for-sale • Financial assets are measured at amortised cost i.e., they are held under the business model of collecting contractual cash flows and meet the SPPI criterion.
 If the HCF of two numbers is 55 and the LCM is 110, then what are the two numbers?
A working clock is placed on a table in such a manner that at 9.00 p.m., its hour hand is pointing towards north. If the same clock remains in the same ...
Select the correct mirror image of the given figure when the mirror is placed at MN.
Â
Complete the following series.
Z1, Y4, X9, ______
Select the option that is related to the third term in the same way as the second term is related to the first term.
Ranthambore : Tiger :: Kaziranga : ?
In the following question, select the figure which can be placed at the sign of question mark (?) from the given alternatives.
Which figure should replace the question mark (?) if the following series were to be continued?
Find the missing figure in the series from the given answer figures.
If A denotes, B denotes, C denotes, and D denotes, then what will be the value of the following expression?
89 A 94 C 35 D 8 B 8 = ?
Choose the next number in the series.
15, 27, 51, 99, 195,?