Question
RBI has extended the deadline for non-banking financial
companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to September _________.Solution
Reserve Bank of India (RBI) has extended the deadline for non-banking financial companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to September 2022 from the earlier deadline of March 2022. As per the ‘Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Clarifications’, which was issued by RBI on November 15, 2021, the loan accounts that are classified as NPAs could be upgraded as ‘standard’ assets only if entire arrears of interest and principal are paid by the borrower.
All of the following is true regarding ULIPs EXCEPT:Â
Which of the following is a public sector general insurance company in India?
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs ______.
Which among these factors are considered by the insurance companies to calculate the premium of car insurance policies?
What does "subrogation" mean in the context of insurance?
Which of the following organization provides export credit insurance support to Indian exporters?
India's first intranasal Covid vaccine by ______ received DCGI approval on Tuesday for primary immunization against the infection for people above the a...
Which of the following insurance compensates for the cost of repairing or replacing defective products past the normal warranty period provided by manu...
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
 Which of the following CANNOT be undertaken as a function by the India Post Payment Bank?
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