Interested to Buy Any Domain ? << Click Here >> for more details...
what is repo rate?
- 147 Answers
- 227054 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 / sarika bhardwaj
Whenever the banks have any shortage of funds they can
borrow it from RBI. Repo rate is the rate at which our
banks borrow rupees from RBI. A reduction in the repo rate
will help banks to get money at a cheaper rate. When the
repo rate increases borrowing from RBI becomes more
expensive.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
What are Mortgage Payment Problems?
give the examples of Error of Duplication?and Error of compensatin? with entries
Short Answer on __________Accrued interest
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
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
please give me a last 10 years sbi clerk question and answer paper
Is WCT paid to be considered as overhead during costing in construction firm?
can i have practical examples of AS-30
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
What part can management policy play in the analysis of cost behaviour?
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT
WhatIs the limit of duty exemption in smal scale industries.
What is revaluation of Accounts, how does it is accounted in business
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
