Question

    Which committee's recommendations form the basis of the

    modern Working Capital Assessment under the turnover method in India?
    A Malegam Committee Correct Answer Incorrect Answer
    B Tandon Committee Correct Answer Incorrect Answer
    C Narsimham Committee Correct Answer Incorrect Answer
    D Usha Thorat Committee Correct Answer Incorrect Answer
    E Nayak Committee Correct Answer Incorrect Answer

    Solution

    The Nayak Committee recommended simplified working capital assessment for small borrowers based on projected turnover.

    Practice Next
    More Financial Management Questions

    Relevant for Exams:

    ask-question