Question
What is the maximum loan amount that can be assessed
under the Nayak Committee's Turnover Method?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.
What was the purpose of the 'Climate Strategy 2030' unveiled by NABARD on Earth Day 2024?
Cost of issue of new shares is known as:
What is the provision required for the secured portion of an asset classified as Substandard Asset according to RBI’s IRAC guidelines?
Which of the following is a disadvantage of the payback period method in capital budgeting?
What is the range of the guarantee cover amount under the Credit Enhancement Guarantee Scheme for Scheduled Castes (CEGSSC)?
Which city ranked 350th in the 2024 Oxford Economics Global Cities Index?
In personal development, how does ethics contribute to decision-making?
Which of the following types of credit facilities is most suitable for an MSME requiring financing to maintain inventory levels, receivables, and workin...
Which of the following organizations manages the pension fund for government employees in India?
Which of the following best describes the role of the National Asset Reconstruction Company Ltd (NARCL) in the Indian banking sector?