Introduction of prudential norms of accounting in respect of classification of assets, disclosure of income and provisions for bad debts in case of…

CA Foundation · Business Economics · PYQS · January 2026
Introduction of prudential norms of accounting in respect of classification of assets, disclosure of income and provisions for bad debts in case of commercial banks is related to which of the following reform measures?
(A) A. Fiscal reforms
(B) B. Monetary and financial sector reforms
(C) C. Capital market reforms
(D) D. Trade policy reforms

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Monetary and financial sector reforms

Topics: Indian Economy

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