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.
Statements:
A $ B % D % C
Conclusions:
I. B © C
II. A * D
III. C % A
Statements: M % C & G @ T $ D; W % M # P
Conclusions : I. D % C II. M % G ...
Statements:
M < N < K ≥ R > S; Y < B < P ≤ N
Conclusions:
I). S > B
II). Y < K
...Statements:
P > Q ≥ M ≤ N; Y ≥ Z ≥ A = P
Conclusion:
I. Y > N
II. N ≥ Y
Statement : M=N≥P<Q; R>Q ; T ≥N
Conclusion:
I. N<T
II. N≥R
...Statements: P ≤ Q > R > T > U, Q ≤ O < S, T < V
Conclusions:
I. R < S
II. P > U
Statements: H > S ≥ V ≥ I; T ≤ G = I; U < J ≤ T
Conclusions:
I. S > J
II. U < I
III. H ≥ G
Statements:
X = P < M = T > K; S > L ≥ M > O
Conclusions:
I). T > O
II). S > X
Statements:
A < R ≤ Y = F; U > L = T; A < L = P > E
Conclusions:
I). U > E
II). T > Y
...Statements: R < S ≤ T = U; V ≤ W = R; P > U ≥ Q
Conclusions:
I. V < T
II. P > W
III. Q < T
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