Home › IBPS Clerk › Banking Awareness › NPA & Recovery › The provision on the secured part doubtful for o…
The provision on the secured part doubtful for one to three years is:
A50 per cent
B60 per cent
C70 per cent
D40 per cent
Answer & 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_
Related questions
An NPA of five crore rupees and above needs a stock audit:A bank may spread the provision for a detected fraud over up to:A state government guaranteed advance turns NPA after dues run past:A central government guaranteed advance turns NPA only when the guarantee is:Provisions on standard assets are not counted while arriving at:The standard asset provision on commercial real estate is:The standard asset provision on farm credit and housing loans is:Loss assets that remain on the books must be provided for at: