Question

W hat is the maximum permissible bank finance (MPB

  • F that a bank may lend , a ccording to the Tandon Committee's recommendations ?
A 100% of the working capital gap (WCG)
B 75% of the working capital gap (WCG)
C 50% of the working capital gap (WCG)
D 25% of the working capital gap (WCG)
E 20% of the working capital gap (WCG)
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