Question

Under the simplified procedure for working capital finance to Micro and Small Enterprises (MSEs) with working capital limits of up to Rupees five crore, the working capital limit is computed based on:

A 10 percent of the projected annual turnover.
B 15 percent of the projected annual turnover.
C 20 percent of the projected annual turnover.
D 25 percent of the projected annual turnover.
E 30 percent of the projected annual turnover.
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