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BOI Credit Officer Practice Questions - Bank Of India Credit Officer (GBO Stream MMGS-II) Exam

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A firm has Current Assets of ₹600 lakhs and Current Liabilities (excluding bank borrowings) of ₹200 lakhs. Calculate the Maximum Permissible Bank Finance (MPBF) under the First Method of the Tandon Committee guidelines.
Correct Answer:
₹300 lakhs

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