What is meant by Repo Rate and Reverse Repo Rate.

Answer Posted / leela

repo rate is the rate at which RBI lends money to the other commercial banks on their securities.

reverse repo rate is reverse like where banks lends money to the RBI

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.

1850


what are the suggestions to control NPA in rural areas?

3558


tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?

4290


how an accountant can do budgetery controls of expenses?

1684


whst is detailed information aboutaccounting standards 20to 29

1644






npa is either person or account

1512


Expand-------ASRT

1689


where we have file E-returns in SAP FICO-CIN/Wtax?

2193


Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?

1481


What do you mean Business

1815


what is the uniform public construction cost accounting act?

1586


Explain about Fluctuating Capital

2150


Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

1952


what is internal audit

1603


what is CDD’s configuration

1766