what is repo rate?
Answer Posted / abhay kumar
Repo rate is the interest rate at which RBI lends money or
securities to other banks. Currently the RBI has increased
the reporate from 7.75% to 8%. the main reason for the hike
is to control the current inflation in our country, which
is now 8.24% and it is expecyed to cross 10%,by several
economist.
Repo rate is a rate on which rbi lend omney to the
commercial bank and take securities from there.
reverse repo rate is the rate at which rbi taking out money
from the bank and return the bank security to the bank it
is also decided by rbi itself.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy
what is span of shares
what do u mean by arrear basic or arrear hra?
What is PE ratio formula ?
where does the closing stock appears in the trial balance?
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
difference betwwen the 4.6 & 4.7 ecc versions
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?
While selling fertilisers can we charge VAT on excise duty.
Hi friends ineed finacial analyst interview question Pls share it
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
Explain about Fluctuating Capital