Question
What is the primary purpose of the Tandon Committee
recommendations in working capital finance?Solution
The Tandon Committee (1975) was formed to standardize the assessment of working capital requirements for businesses. It introduced norms for borrowing limits, ensuring that businesses maintain a reasonable stake in their short-term assets and do not over-rely on bank finance.Â
In a given years, A sold 1600 caps while B sold 30% more number of caps than A and C sold 20% less number of caps than B. Find the ratio between the num...
The respective ratio of monthly income of A to monthly income of B is 6:7, and A’s saving is (100/7)% more than B’s saving. Find the expenditure of ...
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Monthly income of Neha and Suresh is Rs. 68,500 and Rs. 74,800 respectively. Neha spends 10%, 15%, and 19% on house rent, food, and education of childre...
If A's height is 40% less than that of B, how much percent B's height is more than that of A?
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- Anita spends 18% of her monthly income on rent and 70% of the rest on household expenditure. If she saves Rs. 1,890, then find her monthly income.
Out of 600 students in school, 40% students like samosa only and 30% students like samosa and momos both. If 22% students don’t like any snacks then f...
In a college the ratio of boys and girls are in the ratio 7:9. 65% girls and 40% boys were absent. Find the girls present if the total number of student...
A bag contains 400 coins of 25p denomination and 800 coins of 50p denominations. If 14% of 25p coins and 28% of 50p coins are removed, the percentage of...
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