Question

According to the Simplified Turnover Method (P.J. Nayak Committee), if a business enterprise has an annual projected turnover of ₹400 lakhs, what is the maximum working capital finance a bank would typically provide? 

A ₹100 lakhs
B ₹80 lakhs
C ₹20 lakhs
D ₹10 lakhs
E ₹25 lakhs
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