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.
Government has decided to subsidize the burden of Merchant Discount Rate (MDR) for transactions below
Which type of soil is known for providing valuable building material?
On the banks of which river is the Chennakeshava Temple, commissioned by King Vishnuvardhana, located?
Which prominent Indian personality is associated with the book 'Memories Never Die', recently unveiled by Union Minister Amit Shah?
Recently a government scheme in India had concluded a loan agreement with World Bank of an amount of $ 250 million. Name the scheme
Redemption of debentures will decrease the debt-equity ratio
Recently a bus service of India, ‘Mo Bus’ Service received the prestigious UN Public Service Award for their role and efforts in ...
हाल ही में न्यायालय द्वारा किस फिल्म कलाकार को राजस्थान म�...
Which of the following e-commerce firm has launched a brand named MarQ?
Headquarter of North Atlantic Treaty Organisation (NATO) is at
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