An assets become non-performing when it ceases to generate income for a Bank.

Related MCQs

• An assets becomes non performing when it to generate income for bank.
• Banks are to recognize their income on cash basis in respect of income on performing assets.
• Impairment assets is nothing but………………….in the value of assets
• Sub standard asset are certain loan asset of a bank which are classified as ………….assets for a period not exceeding two year.
• Banks are to recognize their income on…………….basis in respect of income on performing asset.
• Banks are to recognize their income on……………… basis in respect of income on non performing asset.
• Govt. grants become -----------because of non fulfillment of the conditions attached to that grant.
• In financial lease as per As-19 leased assets is shown in the Balanced sheet of--
• Recoverable amount of an asset isof selling price and value of an assets in use.
• Non-Banking Assets must be shown in the Balance Sheet in scheduled 8.