Question
Consider the following statements on Working Capital Assessment: 1. The Tandon Committee suggested the "Maximum Permissible Bank Finance" (MPB
- F method. 2. Nayak Committee recommendations are used for MSMEs with credit limits up to ₹5 Crore. 3. Operating Cycle method is used to calculate the time taken to convert cash back into cash. Which of the statements above is/are correct?
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