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    • Question

      An MSME unit has projected annual turnover of ₹240

      crore. As per the 20% working capital norm, total working capital requirement is taken at 20% of turnover and the bank finances 80% of the same. What is the maximum permissible bank finance?
      A ₹36 crore Correct Answer Incorrect Answer
      B ₹38 crore Correct Answer Incorrect Answer
      C ₹40 crore Correct Answer Incorrect Answer
      D ₹48 crore Correct Answer Incorrect Answer
      E ₹60 crore Correct Answer Incorrect Answer

      Solution

      WC = 20% of 240 = 48. Bank share = 80% of 48 = ₹38.4 ≈ ₹38 crore.

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