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    Question

    An MSME unit has projected turnover of ₹500 crore. As

    per the 20% working capital norm, total WC requirement is assessed at 20% of turnover. The bank finances 80% of the assessed working capital. What is the maximum permissible bank finance?
    A ₹50 crore Correct Answer Incorrect Answer
    B ₹80 crore Correct Answer Incorrect Answer
    C ₹85 crore Correct Answer Incorrect Answer
    D ₹90 crore Correct Answer Incorrect Answer
    E ₹100 crore Correct Answer Incorrect Answer

    Solution

    WC = 20% of 500 = 100. Bank share = 80% of 100 = ₹80 crore.

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