Working Capital Management Question:
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Explain what recommendations of Tandon committee were accepted by RBI according to its notification on 21st Aug 1975?


According to the notification of RBI dated on 21st Aug 1975 accepted the following recommendations of Tandon committee:

1) Norms for Inventories and Receivables

2) Coverage

3) Methods of Borrowing

4) Style of Credit

5) Information System

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