New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    How is working capital finance calculated for Micro and

    Small Enterprises (MSEs) with working capital limits of up to Rupees five crore?
    A 10 percent of their projected annual turnover Correct Answer Incorrect Answer
    B 20 percent of their projected annual turnover Correct Answer Incorrect Answer
    C 30 percent of their projected annual turnover Correct Answer Incorrect Answer
    D 40 percent of their projected annual turnover Correct Answer Incorrect Answer
    E 50 percent of their projected annual turnover Correct Answer Incorrect Answer

    Solution

    According to the provided information, MSE units with working capital limits of up to Rupees five crore should be provided with working capital finance computed on the basis of 20 percent of their projected annual turnover. This simplified procedure is applicable to both new and existing MSE units.

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