Start learning →

IBPS RRB Officer Scale 1 NPA & Recovery — practice questions — page 3

Explore 80 free NPA & Recovery questions in IBPS RRB Officer Scale 1 Banking Awareness. Open each question or exercise to read its content, reference answers and available explanation.

Practise NPA & Recovery with Quill →

NPA & Recovery questions and exercises with answers

Showing questions 61–80 of 80.

The provision on the secured part of an asset doubtful up to a year is:Read the answer and worked solution →The provision on the secured part doubtful for one to three years is:Read the answer and worked solution →The provision on the secured part doubtful beyond three years is:Read the answer and worked solution →The provision required on an unsecured doubtful asset is:Read the answer and worked solution →Loss assets that remain on the books must be provided for at:Read the answer and worked solution →The standard asset provision on farm credit and housing loans is:Read the answer and worked solution →The standard asset provision on commercial real estate is:Read the answer and worked solution →Provisions on standard assets are not counted while arriving at:Read the answer and worked solution →A central government guaranteed advance turns NPA only when the guarantee is:Read the answer and worked solution →A state government guaranteed advance turns NPA after dues run past:Read the answer and worked solution →A bank may spread the provision for a detected fraud over up to:Read the answer and worked solution →An NPA of five crore rupees and above needs a stock audit:Read the answer and worked solution →Order an account's slide into lossRead the answer and worked solution →Match each asset class to its provisionRead the answer and worked solution →True or false about NPA rulesRead the answer and worked solution →Sort each account into its classRead the answer and worked solution →Fill the gaps in the NPA rulesRead the answer and worked solution →Does 90 days apply, or a crop season?Read the answer and worked solution →Spot the one that does not fitRead the answer and worked solution →Pick the right answer, quicklyRead the answer and worked solution →

Worked practice questions

The provision on the secured part of an asset doubtful up to a year is:

  1. 45 per cent
  2. 55 per cent
  3. 25 per cent
  4. 35 per cent
Show answer and solution

Correct answer: C. 25 per cent

1. Rates rise the longer an asset stays doubtful. 2. The first band covers up to one year. 3. That band carries 25 per cent. _Source: RBI Master Circular, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_

Open this question →

The provision on the secured part doubtful for one to three years is:

  1. 50 per cent
  2. 60 per cent
  3. 70 per cent
  4. 40 per cent
Show answer and solution

Correct answer: D. 40 per cent

1. The first band, up to a year, is 25 per cent. 2. The middle band runs from one to three years. 3. It carries 40 per cent. _Source: RBI Master Circular, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_

Open this question →

The provision on the secured part doubtful beyond three years is:

  1. 100 per cent
  2. 150 per cent
  3. 200 per cent
  4. 300 per cent
Show answer and solution

Correct answer: A. 100 per cent

1. Provisions climb as the asset ages. 2. Past three years no recovery is assumed. 3. The whole secured portion is provided for. _Source: RBI Master Circular, Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_

Open this question →

How to practise

  1. Choose a NPA & Recovery question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Banking Awareness topics

RBI BasicsBanker-Customer RelationshipNegotiable Instruments ActRBI Act & BR ActMonetary PolicyBasel Norms & CapitalFinancial InstitutionsDeposit Insurance