SBI Junior Associates Model Paper 10

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Question : 188 of 200

Marks: +1, -0

The Nayak Committee has suggested the turnover method for assessing the working capital and pegged it at -

15% of the projected annual turnover, as working capital limit
20% of the projected annual turnover, as working capital limit
25% of the projected annual turnover, as working capital limit
30% of the projected annual turnover, as working capital limit
None of these

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