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    • 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?
      A ₹90 crore Correct Answer Incorrect Answer
      B ₹95 crore Correct Answer Incorrect Answer
      C ₹100 crore Correct Answer Incorrect Answer
      D ₹105 crore Correct Answer Incorrect Answer
      E ₹126 crore Correct Answer Incorrect Answer

      Solution

      DP = (120 × 75%) + (60 × 60%) = 90 + 36 = ₹126 crore.

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