Question
Under the Turnover Method (Nayak Committee), a micro
enterprise with projected turnover of ₹600 lakh should be sanctioned a WC limit of:Solution
Working Capital limit = 25% of projected turnover = 25% of ₹600 lakh = ₹150 lakh. Margin of 40% → Bank finance = 60% of ₹150 = ₹90 lakh.
What does facilities and infrastructure management involve?
Which management function involves setting goals, defining tasks, and determining resources needed?
What is the role of budgeting in financial management?
In the context of civil service, what does impartiality for civil servants entail?
What is the primary purpose of project appraisal?
Why is emotional intelligence considered crucial for leaders in civil services?
How are ethics and organizational structure intertwined?
What is a critical step in project appraisal?
What is the relationship between tolerance and acceptance?
Which theory of justice focuses on maximizing overall happiness or well-being for the greatest number of people?
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