Match the following.
| List-I | List-II |
| a. Gross working capital | 1. Difference of current assets and current liabilities |
| b. Net working capital | 2. It is referred to as "hardcore working capital" |
| c. Permanent working capital | 3. It is the excess of working capital over permanent working capital |
| d. Variable working capital | 4. Total current assets |
A. a-4, b-1, c-2, d-3
B. a-3, b-4, c-2, d-1
C. a-2, b-3, c-4, d-1
D. a-3, b-4, c-1, d-2
Answer: Option A

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