What is meant by Repo Rate and Reverse Repo Rate.

Answer Posted / kanagaraj

Repo Rate : Rate at which RBI lends money to banks. Reverse Repo Rate : Rate at which the RBI borrows from banks.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the process of excise duty?

2027


If income and expense both are equal then what it depicts

1522


what are the payroll procedures?

1763


what is non stock?

2209


Expand-------URM

1483






What is Budgeted capital ?

1520


What do you think you do well?

14085


income from depreciated asset is profit or loss?

1005


What does my credit score mean?

1486


A----------involves transfer of money or moneys worth from one person to another

1428


EXPAND_________SCM

1786


why do you want to work here?

1685


proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario

1033


How to increase our credit rating score quickly?

1453


What type of question generally asked in Brokerage Firm ?

2386