Question
W hat percentage of the projected annual turnover is
typically used to calculate the working capital requirement , u nder the Simplified Turnover Method?Solution
According to the Simplified Turnover Method, the working capital requirement is calculated as 25% of the projected annual turnover of the business. A margin of 5% is provided by the borrower, while the remaining 20% is financed by the bank Â
In a process account, the costs which will be borne by the good production units include _____.
1.      Normal loss
2.    ...
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Which of the following is incorrect regarding the PMEGP scheme? Â
Which among the following correctly describes Margin of Safety?
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