Fill the gaps in the provisioning rules
Exercise and reference answers
- Missing parts
- Answer
- 15 per cent
- Choices
- 15 per cent
- 25 per cent
- 40 per cent
- Answer
- 25 per cent
- Choices
- 25 per cent
- 15 per cent
- 40 per cent
- Answer
- 100 per cent
- Choices
- 100 per cent
- 40 per cent
- 25 per cent
- Answer
- 0.40 per cent
- Choices
- 0.40 per cent
- 0.25 per cent
- 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_