Question
XYZ Ltd. has furnished the following details to the bank
while seeking working capital finance for the upcoming financial year: • Total Current Assets (TCA): ₹1,200 lakh • Current Liabilities (other than bank borrowings): ₹400 lakh • The company follows the Second Method of Lending as per Tandon Committee norms Additionally, the company has proposed a bank borrowing of ₹900 lakh, citing seasonal cash flow fluctuations. Based on the above, what is the Maximum Permissible Bank Finance (MPBF) the bank can sanction under the Second Method of Lending? What would be the correct observation regarding the company's funding request?Solution
Under Second Method, MPBF = 75% of (TCA–CL) = 75%× (₹1,200–₹400) Company requested ₹900 lakh, which exceeds the MPBF by ₹300 lakh.
If ‘+’ means ‘–’, ‘–’ means ‘÷’, ‘÷’ means ‘×’, and ‘×’ means ‘+’, what will come in place of the question mar...
Given below an equation having four blanks you have to check from the alternatives which among the given is correct?
16 _ 22 _ 11 _ 8 _ 40
Select the correct combination of mathematical signs that can sequentially replace the * signs and balance the given equation.
48 * 495 * 5 * 2 * 120 = 126
Which of the following “signs” are placed in place of “symbols” given in equation to make the equation true?
8 @ 24 # 12 + 51 × 3 ÷ ...
If ‘%’ means (÷), ‘#’ means (-), ‘@’ means (×), and ‘&’ means (+), then what is the value of the expression:
42 & 12 # 25 % 5 @...
Select the correct combination of mathematical signs to replace the '@' signs and balance the given equation.
22 @ 6 @ 18 @ 17 @ 2
If '+' means 'division', ' X ' means 'addition', ' - ' means 'multiplication' and '÷' means 'subtraction', then what is the value of the following expr...
157 + 256 – 88 ÷ 8 × 4 = 117
If ‘<’ means ‘subtract’, ‘>’ means ‘addition’, ‘%’ means ‘multiplication’ and ‘$’ means ‘division’, then 55 > 24 $ 4 < 8...
By interchanging which two signs the question will be correct?
15 + 5 ÷ 2 – 9 × 3 = 22