Question

A company has a sanctioned Cash Credit limit of ₹50 Lakhs. Based on its stock statement, the computed Drawing Power is ₹42 Lakhs. What is the maximum amount the borrower is allowed to withdraw?

A ₹50 Lakhs
B ₹46 Lakhs
C ₹42 Lakhs
D ₹8 Lakhs
E ₹92 Lakhs
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