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.
What is the primary purpose of the National Green Tribunal (NGT) in India?
Which one is cole-crop:
Which goat breed is referred to as the "Queen of Goats"?
Which of the following basic principle of field experimentation helps in reducing the experimental error?
Which toxic substance is naturally present in watermelon that can be harmful if ingested in large amounts?
A neem product used as insect repellent is:
The 'Principle of diminishing returns' explains:
Indicator plant for P deficiency indication is ...........................?
Triticale is a hybrid between which two crops :
Term vitamin was given by