What is meant by Repo Rate and Reverse Repo Rate.

Answer Posted / paramesh

repo rate means rbi lends money to other banks.


reverse repo rate means rbi borrows money from other banks

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance

1451


Which entry we pass self entry like cash withdraw for ourself

1148


What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

1518


What is mean by Reserve on Consolidation?

27008


plz send me hsbs finance questions asked in the interview ans appitude also

2099






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

1666


What is the Formula For Return on Working Capital

1724


what do you mean indirect expanse in trading business?

1821


what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.

1555


what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

1917


in which group under we will open donation and hamali weekly payment account or ledger

1591


What are the benefits ofparticipation in a depository?

2013


Accounting related interview questions on ibm

936


how to download online - old ECR CHALLANS

4417


is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

1586