what is bank rate?

Answer Posted / tannu

bank rate is the rate in which reserve bank of india lends
money to scheduled commercial banks and oter financial
institutions.

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

explain Dual entry concept

1511


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

1648


Expand---------DBPC

1691


what is the difference between Assets Allocation & Security selection?

2345


hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

1603






in what form is crr kept in RBI?

2024


i have need full detail of tds rules and forms submitted dovetails

1576


If income and expense both are equal then what it depicts

1531


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...

1543


Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir

1397


joint venture?

1776


If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

1597


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

1755


What Question ask in MARKIT Company?

6521


what are the new rules of central excise ?

1440