what is the difference between bank rate and repo rate?
Answers were Sorted based on User's Feedback
Answer / deveshvarshney
Repo rate and bank rate are the rates at which RBI lends
money to commercial banks or commercial banks borrow the
money from RBI....but the only difference betwwen the two
terms is that Repo rate is for short term and bank rate is
for long term....
Is This Answer Correct ? | 7 Yes | 5 No |
Answer / nishant sehgal (mba - finance)
its very a sorry state to see such kind of answer from
person of mutual find industry. so repo rate is basically
an annualised rate at which buyer of securities would lend
to seller of securities. this is a mechanism which is
commonly used by rbi to control the liquidity in the market.
when we see this mechanism from borrower point of view it
is called repo and when we see it from lender point of view
it is called reverse repo.
where as bank rate is a simple rate at which rbi lends to
commercial banks. thats it...............
Is This Answer Correct ? | 0 Yes | 0 No |
Telecom Company Nokia belongs to with country? 1 Denmark 2 USA 3 Sweden 4 Finland
19 Answers College School Exams Tests, Indian Airlines, Nokia, Reliance,
The number of pressure belts in the world are: (a) 4 high and 3 low (b) 4 high and 4 low (c) 3 high and 4 low
In which game the term ?tee? is used? (a) Chess (b) Golf (c) Billiards (d) Snooker
5 Answers Aligarh Muslim University, RRB,
Subhash Chandra Bose escaped from India in the Year: (a) 1940 (b) 1941 (c) 1942 (d) 1943
The winners of the 1983 Wimbled on Tennis tournament were: (1) Martina Navratilova, John Mc. Enrore (2) Martina Navratilova and Connors (3) Martina Navratilova and Lendl (4) Christ Llyoyd and Mc. Enroe
An eminent Harvard professor, who was residing in India for the last two years, recently decided to move back to the USA and return to his alma mater. Name this famous person: 1 Robert Blackwill, American Ambassador to India 2 Robert Strong, Resident Editor of Reader’s Digest in India 3 John West, President of AT & T in India 4 None of the above
The status of, Indian economy has been changed, during the second years, from ?a mixed economy? to: (A) a developing economy (B) a totally independent free market system (C) a dependent capitalistic economy (D) an independent capitalistic economy
Vatican City is the residence of : (a) Pope (b) British Queen (c) French President (d) Cyprus President
In roman society, the plebians: (a) had few rights (b) were the upper class (c) controlled the senate (d) could veto the acts of the assembly
Author of the book ?Origin of Species? was: (a) Karl Marx (b) Charles Darwin (c) Newton (d) T A Edison
The first human being to land on moon is: (a) Yuri Gagarin (b) Neil Armstrong (c) Rakesh Sharma (d) Robert Medereze
When did the space age begin with the launch of the Russian Sputnik? 1 October 4, 1950 2 October 2, 1952 3 October 4, 1957 4 None of these