What is meant by Repo Rate and Reverse Repo Rate.
Answer Posted / neha
Repo Rate is the rate at which the RBI buys government securities from the market to infuse liquidity in the system.
Reverse Repo rate is the rate at which the RBI absorbs excess bank funds by selling government securities in the market.
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
Process of the settlement cycle?
why you want to join the banking and finance industry?
Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...
Expand-------ANC
How does the ration analysis help in depicting profit and loss
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
How can retify the errors in the trial balance
how to download online - old ECR CHALLANS
Data flow of Accounts payable to General ledger?
EXPAND___________IMF
Short Answer on ______________Import Trade
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..