Banks are to recognize their income on…………….basis in respect of income on performing asset.
A) Accrual
B) cash
C) credit
D) none.
Correct Answer:
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Q4: As per As- 28 impairment of asset
Q5: As per AS -30 prepaid expenses are
Q6: The banking regulation Act --.
A)1949
B)1947
C)1932
D)1956
Q7: Banking companies in India are governed by
Q8: An assets becomes non performing when it
Q10: Banks are to recognize their income on………………
Q11: Sub standard asset are certain loan asset
Q12: The main function of………………company are accepts deposits
Q13: …………….asset is one which has been classified
Q14: Core banking system…………. system.
A)Bank end
B)work flow
C)open end
D)internal
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