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
Udyog Plus, an MSME-focused portal provides capital and other business solutions to small businesses, including investments, advisory services, and util...
Integrated energy company NTPC has begun trials of an intra-city hydrogen bus operation in Leh on a trial basis. NTPC aims to achieve 60 GW of renewab...
At which location the 14th edition of the All India Police Commando Competition held?
Who received Russia's highest State Award, the Order of St. Andrew the Apostle?
What was the primary goal of the recently launched "Sickle Cell Eradication - 2047" initiative commemorated with a postage stamp?
Which aircraft was mentioned in the information as having successfully test-fired the Astra Beyond Visual Range (BVR) air-to-air Missile off the coast o...
India is going to sign an MoU in the field of biodiversity conservation with which country?
The National Bank for Agricultural and Rural Development (Nabard) has issued three-year, three-month and 19-day bonds worth _______ at a 7.50% rate of i...
What is the significance of the Ancient Stitched Ship inducted by the Indian Navy?
What is the main reason behind India’s anti-dumping duty on Chinese and Taiwanese plastic machinery?Â
