Question
If the annual sales of a business are ₹X, what is the
Maximum Permissible Bank Finance (MPBF) as per the Turnover Method?Solution
According to the Turnover Method of Working Capital Assessment, primarily used for MSMEs with working capital needs of ₹5 crore and below, MPBF = 20% of projected annual turnover. This was recommended by the Nayak Committee for simplified credit appraisal.
Consider the following statements about Lonar lake:
1. It is a saltwater lake located in peninsular India.
2. The lake was formed due...
Which virus strain has raised concerns for potentially being transmitted from pigs to humans?
Match the following Passes on LIST 1 and LIST 2 (wrt LIST A)
1) Burzil and Zojila – 1. Uttarakhand
‘Eazy Connect’ Chatbot which will extend online customer service to social media platforms has been launched by __________.
Which is the state bird of Chandigarh?
BrahMos Aerospace was formed as a joint venture between Defence Research and Development Organisation (DRDO) of India and which other country?
In which state is the Sabarimala Temple located?
In Abdul Kalam Island, there is a missile testing site, which was formerly known as Wheeler island. It is in the state of:
What is the official language of Bihar?
Which of the following countries is not a part of Melanesia region in the pacific ocean?
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