Question

An export-oriented manufacturing project has the following projections.  Projected Annual Data (₹ Crore)
ii. Revenue: 500
iii. Operating Expenses (excluding depreciation & interest): 330
iv. Depreciation: 40
v. Interest on Term Loan: 50
vi. Principal Repayment: 60
vii. Tax Rate: 30% Compute DSCR (Debt-Service Coverage ratio) 

A 1.20
B 1.43
C 1.33
D 1.50
E 2.00
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