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    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.

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