Question

    What is the maximum loan limit under the Projected

    Turnover Method?
    A ₹2 Crores Correct Answer Incorrect Answer
    B ₹5 Crores Correct Answer Incorrect Answer
    C ₹10 Crores Correct Answer Incorrect Answer
    D ₹20 Crores Correct Answer Incorrect Answer
    E ₹50 Crores Correct Answer Incorrect Answer

    Solution

    As per the Projected Turnover Method, MSMEs can avail working capital loans up to 20% of their projected annual turnover, subject to a maximum of ₹5 crores.

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