WHAT DO U MEAN BY REPO RATE???
Answers were Sorted based on User's Feedback
Answer / shivesh
repo rate is the rate at which our bank borrow rupees from
RBI.A reduction in repo rate will help bank to get money at
cheaper rate.
| Is This Answer Correct ? | 109 Yes | 9 No |
Answer / ashutosh
RAPO RATE IS RATE ON WHICH RBI GIVES MONEY TO BANKS.
| Is This Answer Correct ? | 16 Yes | 5 No |
Answer / gourav
Repo rate is the rate at which banks keep money from RBI.if
this rate increases then bank have to pay more interest to
the money they borrow
| Is This Answer Correct ? | 16 Yes | 10 No |
Answer / sannu
Discount rate at which a central bank repurchases government
securities from the commercial banks, depending on the level
of money supply it decides to maintain in the country's
monetary system. To temporarily expand the money supply, the
central bank decreases repo rates (so that banks can swap
their holdings of government securities for cash), to
contract the money supply it increases the repo rates.
Alternatively, the central bank decides on a desired level
of money supply and lets the market determine the
appropriate repo rate.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / nitesh kumar dubey
Rapo Rate is the rate of interest in rbi which are charged
to other bank if bank borrow money.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajveer
rapo rate is the rate at which RBI charge on comercial
bank if bank borrow money to RBI.CURRENT RAPO RATE IS 9%.IF
RAPO RATE IS HIGH THEN IT NOT GOOD FOR THE COMERCIAL
BANK,AND IT DICREASE THEN IT IS GOOD FOR COMERCIAL BANKS.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / satish kumar tiwari
repo rate is the rate at which our bank borrow rupees from
RBI.A reduction in repo rate will help bank to get money at
cheaper rate.
| Is This Answer Correct ? | 7 Yes | 6 No |
Answer / capt nasir
Whenever the banks have any shortage of funds they can
borrow it from RBI. Repo rate is the rate at which our
banks borrow rupees from RBI. A reduction in the repo rate
will help banks to get money at a cheaper rate. When the
repo rate increases borrowing from RBI becomes more
expensive
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / arun
Repo Rate is called as the Repurchase Agreement Rate.
RBI holds some Govt Securites. Now when it feels that there
is too much liquidity in the market, RBI wants to suck
money from the Economy ( Market)
At such times it will SELL the Govt Securities to
Commercial Banks. The rate at which it sells the securites
is called REPO-RATE.
| Is This Answer Correct ? | 2 Yes | 1 No |
EXPAND___________NGO
EXPAND_________SDJMC
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
Define Payee
What is Capital expndiure.
Please do let me know how to pass the entry for the rent invoice recd. from business centre (for eg. total amt. is 39941/-)includes rent is 35000/-, telephone chgs: 82.80/- ,Stationary 15/-, Pantry chgs. 450/- and service chg 4393.71/- .
Expand---------PDBC
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
Which of the following is not the sub field of accounting A.Management accounting B.Cost accounting C.Book-Keeping D.Financial accounting
EXPAND______________PTI
why stock market goes to bearish mode when RBI hikes CRR rates?
Who to create a budget on software company