Question
Under the proposed framework on ECL model for bank,
interest income will be recognised on what basis for stage 3 assets?Solution
Interest recognition in respect of Stage 3 assets should be on the basis of actual receipt of cash flows and not on an accrual basis. This approach is consistent with the approach in US GAAP which permits banks to place financial assets on nonaccrual basis if the cash flows cannot be reliably estimated.
Which of the following expressions will be true if the expression ‘N ≥ O > P ≥ Q’ is definitely true?
Statement: X > W = P; X > G > F; X < O
Conclusion: I. F < W      II. P ≤ F
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
Statements: A ≤ B = C ≥ D > E > F; F = G ≥ H = I > J > K = L
Conclusions:
I. B > F
II. H = L
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements: O > Q < R > P = S ≥ T > U ≥ N
Conclusion
I: T < R
II: S > N
Statements: A @ Z, Z # L, L % N, N @ U
Conclusions:
I. A @ N
II. Z @ U
III. A # L
Statement:  J > K ≥ C = D ≤ Y < Z
Conclusions:
I. Z > C
II. J ≥ Y
III. J > D
IV. C > Z
...Statements: U ≥ V = W; V > X ≥ Y; X ≥ Z < T
Conclusions
I. T > Y
II. Z < U
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and ...
