NTA NET Archives - COMMERCESTUDYGUIDE

1. Assertion (A) : India’s balance of payments is always in disequilibrium. Reason (R) : The demand for foreign exchange is more than its supply. Codes : Both (A) and (R) are correct and (R) is the correct explanation of (A) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (A) is correct but Read More …

Who was the chairman of 14th finance commission?

October 31, 2021October 31, 2021 TORAN LAL VERMA

Vimal Jalan Y.V. Reddy Pranab Mukharji Raghuram Rajan Answer 2.Y.V. Reddy Explanation The 14th Finance Commission was headed by former Reserve Bank of India (RBI) governor Y V Reddy.

Banks are required to classify Non-Performing Assets into

October 31, 2021October 31, 2021 TORAN LAL VERMA

Doubtful assets, bad debts and loss assets Standard assets, and sub-standard assets Sub-standard assets, doubtful assets, and loss assets Doubtful assets, and bad debts Answer 3. Sub-standard assets, doubtful assets, and loss assets Explanation Banks are required to classify Non-Performing Assets into Sub-standard assets, doubtful assets, and loss assets. With effect from 31 March 2005, a substandard asset would be Read More …