Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Answer Posted / raj

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.Whenever the
banks have any shortage of funds they can borrow it from
RBI.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

2195


Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.

6649


what is difference between venture capital financing and equity financing?

2113


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

2184


What are the general Ledgers?

1950


what is purchase consideration? How does it come about and how is it treated in the books?

2515


Expand MNS

2223


Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

2340


What is Insider Trading ?

2231


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

2077


How can we display last five years sales in tally

2000


what is corporate accounting?

2098


sort out the difference between service provider & service reciepient from the service tax.

2065


can u let me know how the bankers calculate interest on O.D.account

2120


You have joined company yesterday then you are Appling B1 visa today. why so urgent.

2226