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    • Question

      A company has a sanctioned limit of ₹100 lakh and

      drawing power of ₹80 lakh. The actual outstanding is ₹85 lakh. What is the irregular portion of the account?
      A ₹0 Correct Answer Incorrect Answer
      B ₹5 lakh Correct Answer Incorrect Answer
      C ₹15 lakh Correct Answer Incorrect Answer
      D ₹20 lakh Correct Answer Incorrect Answer
      E ₹10 lakh Correct Answer Incorrect Answer

      Solution

      Outstanding – Drawing Power = ₹85L – ₹80L = ₹5L. This portion is beyond drawing power and is treated as irregular.

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