what is repo rate?
Answer Posted / anurag sharma
Whenever the banks have any shortage of funds they can
borrow it from RBI. 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.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
I need all WNS interview questions
Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .
Expand--------OTA
What are different types of reports made in tally
Which document should be attached with purchse & sales invoice?
am attend to bank exam(iob)pls send model questions
plz send me a solved paper on SBI of clerk post
reason for difference in Balance sheet (Asset side & Liabilites side)
Expand-------ANC
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
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.
is it necessasary to make a partnership deed
EXPAND_________SDJMC
how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000
What's the meaning of Preferential Creditor?