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      Question

      What is the maximum loan amount that can be assessed

      under the Nayak Committee's Turnover Method?
      A ₹2 crore Correct Answer Incorrect Answer
      B ₹3 crore Correct Answer Incorrect Answer
      C ₹4 crore Correct Answer Incorrect Answer
      D ₹5 crore Correct Answer Incorrect Answer
      E ₹6 crore Correct Answer Incorrect Answer

      Solution

      The Nayak Committee recommended the Turnover Method for working capital assessment for businesses with credit needs up to ₹5 crore. Beyond this, more detailed appraisal methods are used.

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