what is repo rate?
Answer Posted / sandip
In finance, "repo" means repurchase agreement, and
the "repo rate" is the current interest rate for secured
overnight or very short term secured financing involving
the sale and repurchase of securities. Its how some
securities positions are financed. "reverse repo" is the
same transaction from the borrowers perspective.
So, those terms make sense to financiers in the securities
industry. I dont know that they make sense in the
automobile industry, other than "repo" which is short
for "repossession". That of course is what happens when a
borrower fails to make a lease or financing payment on her
car. Then the "repo man" comes to take the car back as
permitted for breach of the financing agreement.
| Is This Answer Correct ? | 6 Yes | 4 No |
Post New Answer View All Answers
What Are The Characteristics Of Modern Accounting?
Exapnd--------RAN
Expand---------MNOP
How do you plan to achieve these goals
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
what are responsibilities of an accountant in a company?
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
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
Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
Straight line method to using Indian company names
how to maintain E-Commerce companies accounts
EXPAND___________INMA
Distinguish between sale and consignment
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector