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Fill the gaps in the provisioning rules

Exercise and reference answers

Missing parts
  1. Answer
    15 per cent
    Choices
    1. 15 per cent
    2. 25 per cent
    3. 40 per cent
  2. Answer
    25 per cent
    Choices
    1. 25 per cent
    2. 15 per cent
    3. 40 per cent
  3. Answer
    100 per cent
    Choices
    1. 100 per cent
    2. 40 per cent
    3. 25 per cent
  4. Answer
    0.40 per cent
    Choices
    1. 0.40 per cent
    2. 0.25 per cent
    3. 1.00 per cent
Complete the statement
A substandard asset needs {0} cover. Doubtful for up to a year needs {1} of the secured part. Beyond three years it needs {2}. Other standard loans need {3}.
Instructions
Tap a figure to drop it into the empty slot.

Explanation

_Source: RBI Master Circular, Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances_
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