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A loss asset left in the books must be provided at:

A300 per cent
B200 per cent
C400 per cent
D100 per cent
Answer & Solution
Correct answer: D. 100 per cent
1. A loss asset should normally be written off. 2. If it stays, nothing about it is assumed recoverable. 3. The whole outstanding is provided for. _Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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