provision is generally concerned about future contingency while reserve i

what is the difference between PROVISION & RESERVE ?

Question Posted / ankit

Answer Posted / ankit

provision is generally concerned about future contingency
while reserve is about to save some money from profits......

Is This Answer Correct ?

37 Yes

8 No

Please Help Members By Posting Answers For Below Questions

Name the types of money?

1058

What according to you should the government do to eradicate poverty?

1057

What was the meaning of that sensex futures and options?

1027

what is the difference between trading cash credit account and manufacturing cash credit account

2383

What is balloon payment?

1063

Explain differential cost.

1053

Under which act were the state bank of india and its subsidiaries nationalised?

1054

What do you know about Deflation?

1070

If there is some mistake in my resume, how can I rectify it?

1030

What is time liability?

1020

What is IFSC Code and why is it used?

1257

A man purchase 1 Nokia mobile net price 10000 discount 25% than half of the amount cash & half of the amount check?

5618

What bases bank will giving secured loans to sme clients?

2441

tell us something about nabard and its functions.

1091

Banking sector falls under which sector?

1118