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what is repo rate? ..

Answer / bharat bhushan sachdeva

Repo rate is the rate decided by the central bank for all
commercial bank to get short term loans from them and
reverse repo is vice-versa

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what is repo rate? ..

Answer / nayan jyoti barman

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.

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what is repo rate? ..

Answer / deepak pathak

The rate is which rbi borrowsfrom the bank

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what is repo rate? ..

Answer / anurag sharma

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 ?    0 Yes 0 No

what is repo rate? ..

Answer / rishi

reporate is that which runs according to inflation . if
inflation increase then RBI take action to control the
inflation . tby incraesing reporate in banks . that will
control the liquidity .

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what is repo rate? ..

Answer / neeraj manglik

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

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what is repo rate? ..

Answer / nishant mehrotra

repo rate is the interest rate at which the reserve bank of
india or central bank of the nation provide loans to
commercial banks.
and in other words.....
repo and reverse repo rate are the rates at which the rbi
lends to banks and banks park excess funds with the central
banks

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what is repo rate? ..

Answer / rajesh kumar

repo rate is the rate at which banks borrow money 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.

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what is repo rate? ..

Answer / shikha

rate at which RBI lends money to commercial banks for less
than 90 days

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what is repo rate? ..

Answer / lakshmi

repo rate is the rate at which commercial banks borrow
rupees from the central bank(rbi)

Is This Answer Correct ?    0 Yes 0 No

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Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

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