BANK SIDBI Grade A (General) Phase I Mock Test 2024 Banking and Financial Institutions Banking sector reforms in India NPA management
Which of the following are true about RBI’s guidelines on provisioning for NPAs?
- Loss assets require 100% provisioning immediately.
- Provisioning for doubtful assets is staged based on the duration of NPA classification.
- Advances against National Saving Certificates (NSCs) are exempt from being classified as NPAs.
Which of the following are true about RBI’s guidelines on provisioning for NPAs?
- Loss assets require 100% provisioning immediately.
- Provisioning for doubtful assets is staged based on the duration of NPA classification.
- Advances against National Saving Certificates (NSCs) are exempt from being classified as NPAs.
1
Only 1 and 2
2
Only 2 and 3
3
Only 3
4
Only 1 and 3
5
All of the above