Question

Projected Annual Turnover: ₹24 crore Borrower margin: 5% What is the permissible WC limit under Nayak Committee norms?

A ₹4.80 crore
B ₹4.56 crore
C ₹4.00 crore
D ₹5.00 crore
E ₹4.30 crore
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