Question
A borrower submits stock of ₹150 crore and debtors of
₹100 crore. Ineligible items include obsolete stock ₹30 crore and debtors over 180 days ₹40 crore. Margins prescribed are 25% on stock and 40% on debtors. What is the revised Drawing Power?Solution
DP = (120 × 75%) + (60 × 60%) = 90 + 36 = ₹126 crore.
More Basic Accounting Concepts Questions
1000 seed weight of Phalaris minor is
Which of the following is a group contact method?
Adding organic matter to soil typically, effects the soil density as :
What is the chemical name of insecticide having trade name of “Pride”?
Dog ridge is the rootstock of
The receptor of brassinosteroid
In agricultural economics, uncertainties that affect farm outputs due to unpredictable climatic and biological factors are grouped under how many broad ...
Which fruit is richest source of Riboflavin?
Phenol on distilling with zinc dust gives:
Disorders such as “brown hear” of turnips and “hollow stem” in brassicas is due to the deficiency of
Relevant for Exams:
