The provision on the secured part of an asset doubtful up to one year …

Question

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

Accepted Answer

A. 25 per cent

1. Provisioning rises with time spent in the doubtful class.
2. The table starts at the first year.
3. For up to one year the rate is 25 per cent.
_Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_

Answer

35 per cent

Answer

45 per cent

Answer

55 per cent

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

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