What is meant by Repo Rate and Reverse Repo Rate.
Answer Posted / shrikant ramchandra gadade
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 ? | 54 Yes | 38 No |
Post New Answer View All Answers
Difference between nonoperating expentiture and non cash expenditure
Short Answer on _____________Revenue Budget
Define the word Profit in terms of business
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
What is the New GL concept? how do you configure new GL a/c?
Three steps for correction in BRS?
Expand---------PDCB
How to raise my credit score if I have 500 credit score?
im preparing for the sbi clerical post please send me the solved questions.
How do the standards assist the users of financial report?
explain the financialand economic meaning of investment?
Is depreciation a expense or income?
Which document should be attached with purchse & sales invoice?
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
Have you worked with other on team endeavors