Question

A borrower shows stock of ₹100 lakh. Out of this, unpaid creditors are ₹35 lakh and margin is 30%. The branch recalculates drawing power. Which stock value should be taken first?

A ₹100 lakh
B ₹70 lakh after margin
C ₹65 lakh paid stock
D Market value of stock
E CA certified value only
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