Answer Posted / kanika

A cash reserve ratio (or CRR) is the percentage of bank
reserves to deposits and notes. The cash reserve ratio is
also known as the cash asset ratio or liquidity ratio. The
Bank of England holds to a voluntary reserve ratio system.
In 1998 the average cash reserve ratio across the entire
United Kingdom banking system was 3.1%. Other countries
have required reserve ratios (or RRRs) that are statutorily
enforced (sourced from Monetary Macroeconomics by Dr. Pinar
Yesin [1] ):

Country Required
Reserve
Ratio %
Australia None
Canada None
Mexico None
Sweden None
United Kingdom None
Eurozone 2.00
Slovakia 2.00
Switzerland 2.50
Chile 4.50
India 7.00
Bulgaria 8.00
Latvia 8.00
Burundi 8.50
Hungary 8.75
China 12.50
Pakistan 7.00
Ghana 9.00
United States 10.00
Sri Lanka 10.00
Estonia 15.00
Zambia 17.50
Croatia 19.00
Tajikistan 20.00
Suriname 35.00
Jordan 80.00

what is ment by master in tally?

3782

---

WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

2246

---

we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?

1887

---

Should I have perfect credit score, that is, above 800 credit score?

1768

---

what is difference between venture capital financing and equity financing?

2088

---

while i creating a main asset master there is a error called process being terminated? pls send the solution

2164

---

Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

2048

---

someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2468

---

What is meant by consignment

2091

---

hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2165

---

where does the closing stock appears in the trial balance?

1950

---

What is wealth maximisation

2047

---

after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...

1988

---

explain about mergers & aquisitions? asked on 30/7/09

2049

---

What is revaluation of Accounts, how does it is accounted in business

1950

---