Question
According to the Tandon Committee's recommendations,
what is the maximum permissible bank finance (MPBF) that a bank may lend?Solution
As per the Tandon Committee’s first method, the maximum permissible bank finance (MPBF) that a bank may lend is 75% of the working capital gap (WCG), with the remaining 25% required to be covered by the borrower’s margin
ICDS III deals with which of the following:
In relation to auditing concepts, which of the following statements is INCORRECT?Â
The arrangement of assets and liabilities in accordance with a particular order is known as of balance sheet. Â
In Life Insurance, the surplus as per Valuation Balance Sheet is ₹20 crore. 95% is to be allocated to policyholders and 5% to shareholders. If policy ...
As at 31 March 2025, Ace Ltd. has long-term borrowings of ₹4,00,00,000, working capital loans of ₹1,00,00,000, and shareholders’ funds amounting t...
For unsecured doubtful advances outstanding for more than three years, the required provisioning percentage is:
After adjusting the advance tax and tax deducted at source, the assesse would arrive at the amount of net tax payable or refundable. Such amount should ...
The accounting rule, "Debit all ___________, credit all gains & income" pertains to ____ accounts.
Which regulatory body in India is responsible for overseeing and regulating the functioning of non-banking financial companies (NBFCs)?
Which Ind AS/AS prescribes principles for borrowing costs (capitalisation)?
