PROBLEM NO 3: While closing its books of account on 31st March, 2018 a Non-Banking Finance Company has its advances classified as follows: Rs. in lakhs 16,800 1,340 Standard assets Sub-standard assets Secured portions of doubtful debts: -upto one year -one year to three years -more than three years Unsecured portions of doubtful debts Loss assets 320 90 30 97 48 Calculate the amount of provision, which must be made against the Advances as per i) The Non-Banking Financial Company Non-Systemically Important Non- Deposit taking Company (Reserve Bank) Directions, 2016; and