Interested to Buy Any Domain ? << Click Here >> for more details...
what do u mean by CRR?
- 21 Answers
- 40657 Views
- Aircel, EBE, Infosys, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / beena joshi
CRR stands for cash reserve ratio. This step is taken by
RBI to suck excess liquidity from the bank. The amount
which banks have to pay to RBI is of their
Time and Demand Depoist.
Time Depoist - refers amount kept in forming of saving
account of customers.
Demand Depoist - refers amount kept in form of fixed
depoist of customers.
It means if bank is having Rs.400000 in total of saving
account and 500000 of fixed deposit and crr is 7.5% it will
have to pay rbi Rs.67500.
| Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
which is the combine entry in ERP?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
What is Provision for expenses?
What is the accounting treatment for finance lease in lessee's viewpoint?
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
what is the difference between Assets Allocation & Security selection?
EXPAND_________SEC
how to entry in tally for other person check received
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
Is depreciation a expense or income?
Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?
What is corporate restructuring?
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
