An assets becomes non performing when it to generate income for bank.

Related MCQs

• An assets become non-performing when it ceases to generate income for a Bank.
• Banks are to recognize their income on cash basis in respect of income on performing assets.
• Banks are to recognize their income on……………… basis in respect of income on non performing asset.
• Sub-standard assets is one which has been classified as non performing asset for a period not exceeding three years.
• Banks are to recognize their income on…………….basis in respect of income on performing asset.
• …………….asset is one which has been classified as non-performing asset for period not exceeding than………….years
• Impairment assets is nothing but………………….in the value of assets
• Non-Banking Assets must be shown in the Balance Sheet in scheduled 8.
• Sub standard asset are certain loan asset of a bank which are classified as ………….assets for a period not exceeding two year.
• Due to the inclusion of average clause in the fire insurance policy , an insured becomes a……………….in the event of under insurance.