Question
As per the recently published discussion paper on
expected credit loss model for banks the model proposes to compute ECL (depending on whether there has been a SICR) based on:Solution
Practical expedient for financial assets with low credit risk In line with Ind AS 109, the discussion paper proposes to compute ECL either as 12-month credit losses or lifetime credit losses, depending on whether there has been a SICR. However, under the proposed framework, loss allowances on lease receivables and contractual guarantees would always be measured at lifetime ECL.
Which of the following is not correct with respect to wagering agreement?
 A mortgagee is entitled to appoint a receiver as per S._____ of the Transfer of Property Act?
Every agreement of which the object or consideration is unlawful is_____________
Which permanent settlement machinery has been mentioned in the Industrial Disputes Act, 1947 accountable for the speedy and amicable settlement of indus...
Which of the following is not a suit of civil nature?
In the context of a lease, what is the term used for the transferee?
Indian Taxation law is based on which of the following principle?
Employer is not liable to pay compensation to an employee in respect of any injury by accident caused in course of employment if the total or partial di...
When the consent to the contract is caused by coercion, the contract is:
In Res judicata, “Former suit” is?