Answer Posted / praneek
Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks. Banks are always happy to lend money to RBI since their money are in safe hands with a good interest. An increase in Reverse repo rate can cause the banks to transfer more funds to RBI due to the attractive interest rates. It can cause the money to be drawn out of the banking system.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Distinguish between sale and consignment
Can I check my Vantage credit score range online?
what is the main difference between nse & bse operations
wht can u do for the growth of bhel?
with out college degree con't we dc accounting job?
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
what is the uniform public construction cost accounting act?
what about case study
What is the defination of job costing, batch costing and contract costing?
How can retify the errors in the trial balance
1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?
which are company offering jobs in PORTFOLIO MANAGEMENT ?
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
How do we return the loan in equal installments with interest in tally