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Which committee originally recommended the Simplified Turnover Method used by banks to assess the working capital requirements of MSME units?

Q: Answer-Which committee originally recommended the Simplified Turnover Method used by banks to assess the wo...

The Simplified Turnover Method, which maps working capital assumptions directly to a fixed percentage of annual projected turnover, was originally recommended by the P.J. Nayak Committee.

A Tandon Committee

B Dahejia Committee

C P.J. Nayak Committee

D Chore Committee

E Sukhmoy Chakravarty Committee

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Which committee originally recommended the Simplified Turnover Method used by banks to assess the working capital requirements of MSME units?

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