Multiple Choice
Banks are to recognize their income on……………… basis in respect of income on non performing asset.
A) Accrual
B) cash
C) credit
D) none.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Sub standard asset are certain loan asset
Q3: Banking Companies in India are governed by
Q4: Banking companies in India are governed by
Q5: Every banking company incorporated in India must
Q6: A parent co. should account for the
Q7: As per AS -30 prepaid expenses are
Q8: Banks are to recognize their income on
Q9: An assets become non-performing when it ceases
Q10: Non-Banking Assets must be shown in the
Q11: The main function of………………company are accepts deposits