what is repo rate?
Answer Posted / swapnanjali
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 ? | 1 Yes | 1 No |
Post New Answer View All Answers
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
Suppose the production is more and sales less then what will happen
How to increase our credit rating score quickly?
MMT and MID payment how post in tally
what are the seven accounting rules
How can we display last five years sales in tally
What will be entry pass in tally if TDS paid by Credit Card.?
can payorder be issued for outstation?if yes then how?should it be account payee?
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
what is the frienge benefits tax?what is usefull?
i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
why do think you are best candicate for this post.
business sepsarate entity concepts