Question
In a Cash Credit account, the outstanding balance is within the sanctioned limit, but there have been no credits in the account for 90 days as on the date of the Balance Sheet. Alternatively, the credits are not enough to cover the interest debited during the same period. How is this account classified?
More Financial Management Questions
- ITC is blocked for which of the following items under Section 17(5) even if used for business promotion?
- Who regulates the insurance sector in India?
- Which nation is being aided by the Indian government to combat locusts, including the supply of 40,000 liters of Malathion, an environmentally friendly pes...
- During an economic crisis, the collapse of a major systemically important bank triggers liquidity freezes across the interbank lending market, halting paym...
- What is correct for Securitization from the following statements?
- Consider the following statements regarding Contingency Fund of India 1. Currently, the Parliament has authorized a corpus of ₹30000 crore. 2. It is to l...
- Net interest position of the bank has which of the following characteristics?
- What is the primary focus of virtue ethics?
- Which of the following is not a type of bank in India?
- In recognition of an institution completing 25 years of providing credit support to Micro and Small Enterprises, a commemorative postage stamp was released...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)