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Central Bank Of India SO Practice Questions - Central Bank Of India Specialist Officer (SO) Exam

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A company has Current Assets of ₹500 lakhs and Current Liabilities of ₹250 lakhs, yielding a Current Ratio of 2.0. If the bank sanctions an additional working capital loan of ₹50 lakhs which is fully utilized to purchase inventory, what will be the new Current Ratio?
Correct Answer:
1.83

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