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.
Statement: A≤T<B =C ≤P<D;D>J ≥S
I. C >S
II. J < D
Statements: M $ K; K & N, N % R, R @ W
Conclusions:
I. W & K
II. K & W ...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
Statement: M>T≤Z; T>Q ; X ≥R>Q
I. X ≥ M
II. Q < M
Which among the following signs correctly fit in the blank in the same order B _ C _ D _ E _ F _ G _ H, in order to make the expressions D ≤ F and H >...
Statements: U ≤ X = V < W; V > T = Q ≥ R
Conclusions: I. V ≥ R II. W > R
Statements:
C © S * R, U % R $ Z
Conclusions:
I. Z $ C
II. U % S
III. U © C
Statements: W > O > E ≤ N > P; L ≥ U; P > Q = R > U
Conclusions:
I. N > U
II. P > U
III. P < L
IV....
Statements: C ≤ E ≥ F > D; A > I ≥ G ≥ E; H = L < A
Conclusions:
I. L = C
II. I ≥ F
III. A > D<...Which of the following symbols should replace the sign ($) and (*) respectively in the given expression in order to make the expression E ≥ H and L >...