What approach do banks in India currently use for loan loss provisions?
Currently, all commercial banks in India make a provision for any diminution in the value of advances in accordance with the Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances (IRACP norms). As per the IRACP norms, provision on advances, at a minimum, is created at a prescribed percentage depending on the category of the advances1 using an ‘incurred loss’ approach.
Consider the following statements about Booker Prize 2020.
(1) Douglas Stuart's won this award.
(2) He received this award for his no...
Which of the following state of India do not produce millets?
Who among the following has been appointed by UNICEF (United Nations International Children Education Fund) to advocate for promoting and supporting it...
Through which of the following processes does alternating current (AC) get converted to direct current (DC)?
Faqir Chand Kohli, who passed away in November 2020, was known as the ‘_____’.
In which of the following ways can 1 Volt be expressed?
As per the RBI’s Consumer Confidence Index Survey the percent decrease or increase in the index fro 2021 was?
The minimum net worth (have a minimum capital and reserves) requirement for the Tier 1 UCBs operating in single districts shall be Rs ___ crore.
Consider the Following statements:
I. Affordability Index for H1 2022 was recently released by Knight Frank India.
II. Knight Frank India ...
The term ‘secular’ was added to the Preamble of the Indian Constitution by _________.
