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In the image below while calculating revaluation Reserve why are we discounting 55%.... Remove Why can't we take any other % like 40% or 50%.... Is there is any specific reason to take 55% if yes... Explain with logic....
Answers (4)
Jitendra Kumar
Yes, it is 55% as per RBI Norms.
Yes you're crt My doubt is that it is especially 55% why not 50% or 40% like that ❓❓❓❓
