Interested to Buy Any Domain ? << Click Here >> for more details...
What is meant by Repo Rate and Reverse Repo Rate.
- 28 Answers
- 151082 Views
- Andhra Bank, Capital IQ, Idbi Bank, Search Enterprises, State Bank Of India SBI, WNS, I also Faced
- E-Mail Answers
Answer Posted / jitendra ram
Repo rate is a collatarlized lending arrangement in which
commercial banks borrow money from RBI through selling a
securities with a promise to repurchase the same securities
at a predetermined rate and time.Thus rate paid by BANKS to
RBI on such borrowing is called REPO RATE.
In Reverse repo RBI borrow money from Banks through selling
a securites to repurchase the same securities at the agreed
terms and rate. Thus rate paid by RBI on such borrowing to
Banks called REVERESE REPO RATE.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Who is called consignor
ACCOUNTING CONCEPTS AND CONVENTIONS
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
What will be entry pass in tally if TDS paid by Credit Card.?
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
fridge was capital or revenue?
What is Financial planning?
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
what is CDD’s configuration
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
What is the GDP growth?
