Interested to Buy Any Domain ? << Click Here >> for more details...
what is repo rate?
- 147 Answers
- 231364 Views
- Accenture, Alstom, Birla Sun Life, Capital IQ, Corporation Bank, Dena Bank, Ernst Young, ICICI, Ing Vysya Bank, MBA, Morgan Stanley, Nabard, RBI, Sanat, Siemens, State Bank Of India SBI, TATA, UPSC, I also Faced
- E-Mail Answers
Answer Posted / harsha
This is one of the tool that RBI has to control
liquidity/inflation.
When RBI revises the rate for lending MONEY against
Securities to BANKS, it is called REPO RATE. Here, the RBI
is the Lender and the Banks are the borrower. If the REPO
rate is raised by the RBI, then Banks have to borrow money
at higher rate.
When RBI revises the rate for lending SECURITIES for Money
to BANKS, it is called REVERSE REPO RATE. Here, the RBI is
the Borrower and the Banks are the Lender. If the REVERSE
REPO rate is raised by the RBI, then RBI has to borrow
money at higher rate.
| Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
Expand---------SDRT?
what are valuation accounts?
sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
what are responsibilities of an accountant in a company?
what is leverage n detail and tpoes of leverage with iagram?
what is Contra Asset?
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?
EXPAND______________IARCS
What problems might be encountered if there were no accounting standards?
What is the Branch Accountant Responsbilities ?
someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..
bank exam paper
