[amp_mcq option1=”a-2, b-3, c-4, d-1″ option2=”a-2, b-1, c-3, d-4″ option3=”a-3, b-4, c-2, d-1″ option4=”a-4, b-3, c-2, d-1″ correct=”option1″]
The correct answer is: A. a-2, b-3, c-4, d-1
- Performing assets are assets that are generating income for the company. They are typically classified as current assets, which means they are expected to be converted into cash within one year. Examples of performing assets include accounts receivable, inventory, and marketable securities.
- Loss assets are assets that have suffered a decline in value. They are typically classified as non-current assets, which means they are not expected to be converted into cash within one year. Examples of loss assets include property, plant, and equipment that has been impaired.
- Cash balance is the amount of cash that a company has on hand. It is typically classified as a current asset.
- Government securities are debt obligations issued by the government. They are typically classified as long-term investments.
Here is a table that summarizes the above information:
| List-I | List-II |
|—|—|
| Performing assets | 2. Standard assets |
| Loss assets | 3. Non-performing assets |
| Cash balance | 4. Liquid assets |
| Government securities | 1. Investments |