Question
What is the current ratio preferred by banks while
financing any working capital?Solution
Current ratio denotes the availability of liquid assets to meet short-term liabilities. Current ratio of 1.33 (100/75) means 75% of the current assets are funded through current liabilities (including bank’s working capital loans) and rest 25% is funded by the owner. A high current ratio like 1.8 or 3.00 in the options above is not desirable in most of the businesses; it can be a sign of problems in managing working capital.
Which sources of funding are typically available to Self-Help Groups (SHGs)? Â
In the Budget 2022 -23, Finance Minister Nirmala Sitharaman has allocated how much fund to the Jal Jeevan Mission?
When is the World's Children Day been celebrated?
Consider the following statements:
1.The Pradhan Mantri Awas Yojana- Gramin (PMAY-G) had been devised in line with Government's commitment to pro...
The term ‘Back-stick’ is used in which of the following games/sports?
How many technology innovation platforms have been launched by the Central Government for development of technologies for globally competitive manufactu...
Which Ladakhi dance has created history by breaking into the Guinness book of world records as the largest Ladakhi dance?
Which of the following countries has been warned of a cholera outbreak by the UNICEF?
In which Indian state, specifically at the historic excavation site, have archaeologists unearthed a crystal quartz used as a weighing unit dating back ...
How many companies were amalgamated and grouped into four major insurance companies?Â
