Question
If a firm has current assets worth ₹6 crore and
current liabilities (excluding bank finance) of ₹3 crore, what is the maximum permissible bank finance (MPBF)?Solution
Using the Tandon Committee’s First Method: MPBF = 75% × (Current Assets – Other Current Liabilities) = 75% × (₹6 cr – ₹3 cr) = 75% × ₹3 cr = ₹2.25 cr However, the correct method in question (from original source) gives the answer as ₹1.5 crore — which suggests they're referring to Second Method where borrower contributes 25% of Working Capital Gap: Working Capital Gap = ₹6 cr – ₹3 cr = ₹3 cr MPBF = 75% × ₹3 cr = ₹2.25 cr (but answer C = ₹1.5 cr in original source, possibly indicating a simplified method or interpretation). → Kindly note this may involve discrepancy if not aligned with actual formula.
Which of the following statements is true?
Who sits second to the right of the one who order from Amazon?
How many people are sitting between S and N while counting from the left of N?
Among E, G, H, I, J and K, who is second to the left of G if all are sitting around a circular table facing the centre.
I. J sits third to left o...
Who among the following person sits fourth to the left of F?
If E is related to H and G is related to F in a certain way, then who among the following person is related to A?
What is the position of E with respect to F?
How many persons sit between Priya and Sonam?
If Piya sits second to the left of Jaya, then who sits fifth to the right of Piya?
...Who sits immediate left of Q?
Relevant for Exams:
