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      Question

      As per RBI’s Prudential Norms, provisioning for doubtful assets of more than 3 years secured by tangible assets should be:

      A 25% Correct Answer Incorrect Answer
      B 40% Correct Answer Incorrect Answer
      C 60% Correct Answer Incorrect Answer
      D 100% Correct Answer Incorrect Answer
      E 75% Correct Answer Incorrect Answer

      Solution

      For doubtful assets more than 3 years, 100% provisioning is required even if secured by tangible assets.

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