Question

According to the Tandon Committee's recommendations, what is the maximum permissible bank finance (MPB

  • F that a bank may lend?
A 100% of the working capital gap (WCG)
B 75% of the working capital gap (WCG)
C 25% of the working capital gap (WCG)
D 50% of the working capital gap (WCG)
E 10% of the working capital gap (WCG)
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