Which one of the following statement is incorrect?
A. Doubtful advance is an advance which remains NPA for more than 12 months
B. The account remain 'out of order' for a period of more than 100 days, in respect of an Overdraft/Cash Credit (OD/CC)
C. Net NPA is having provisions for bad debts
D. Net NPAs = Gross NPAs - Provision for NPAs
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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