Multiple choice

What percentage according to Tandon Committee recommendations should be freely allowed as working capital for units where norms are not presently applicable?

  1. 25%

  2. 20%

  3. 5%

  4. 50%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to Tandon Committee recommendations, 25% of the output value should be freely allowed as working capital for units where norms are not presently applicable. At least four-fifths of this should be provided by the banking sector.