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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.
When was the Regional Rural Banks Act passed in India?
One molecule of glucose after respiration produces:
Which one of the following is an animal-origin insecticide?
Out of 17 essential nutrients that are recognized by universally essential for growth & Development of plant which one of the following is Macronutrien...
Which type of antenna is found in honey bee?
Which legume crop cannot fix atmospheric Nitrogen?
When was the first acceptance of GM Bt cotton with the Cry-1Ac gene granted in the USA?
The grape variety "Sonaka" used for which purpose?
Principal of extension education is
Which of the following is correct?