what is repo rate?
- 147 Answers
- 200032 Views
- Accenture, Alstom, Birla Sun Life, Capital IQ, Corporation Bank, Dena Bank, Ernst Young, ICICI, Ing Vysya Bank, MBA, Morgan Stanley, Nabard, RBI, Sanat, Siemens, State Bank Of India SBI, TATA, UPSC, I also Faced
- E-Mail Answers
Answer Posted / sayali patil
Repo rate is the Discount rate at which RBI repurchases
Govt. securities from Commercial Banks. To temporarily
expand the Money supply RBI decreases the Repo Rate so that
banks can swap their holdings of Govt. securities for
cash.And to contract the Money supply it increases the Repo
rate.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
What is account
Expand------------STRA
what do u mean by arrear basic or arrear hra?
what do you meant auction? what is F & o segment?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
Expand-----RTD
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
Distinguish capital and revenue expenditure
Is depreciation a expense or income?
How do we return the loan in equal installments with interest in tally
