UGM June 2019 Q34

0. Which are the asset-related covenants adopted by financial institutions while granting a loan?
(a) Maintenance of working capital position in terms of a minimum current ratio
(b) Prohibition on disposal of promoters’ shareholding
(c) Restriction on the creation of further charge on the asset
(d) Ban on sale of fixed assets without the lender’s concurrence
Which one of the following options is most appropriate?

Answer
Comment
Array

Option : A
Explanation :

Forgot your password?

I agree with the Terms.