Question
Which IFRS/Ind AS is discussed in the RBI's released
Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Provisioning by Banks?Solution
Based on the experience of global banks in application of IFRS 9, Financial Instruments, and the application of Ind AS 109, Financial Instruments by Non-Banking Financial Companies (NBFCs) in India2, on 16 January 2023, RBI released a Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Provisioning by Banks.
Select the most appropriate synonym of the given word.
Apposite
- In the following sentence, choose the word similar in meaning to the bold word to fill in the blank.
The soldiers showed valour on the battlefield,... Apogee
Select the most appropriate synonym of the given word.
DETAIN
Plethora
Select the most appropriate synonym of the given word
Fascination
Find the word with the appropriate similar meaning of the word in Italic from the options given:
His response was curt and left no room for d...
Choose the one which best expresses the meaning of the given word .
Frugal
He is ambitious and always aims high.
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
INSULT :...