what is the difference between bank rate and repo rate?
- 10 Answers
- 12440 Views
- I also Faced
- E-Mail Answers
Answer Posted / rahul sharma
repo rate is a short-term measure, i.e. applicable to short-
term loans and used for controlling the amount of money in
the market,
bank rate is a long-term measure and is governed by the
long-term monetary policies of the governing bank concerned.
| Is This Answer Correct ? | 7 Yes | 3 No |
Post New Answer View All Answers
Name a few poverty eradication schemes of govt. Of india.
What is 'appropriation bill'?
What is the source of funds for RRBs?
Is the leader and manager same for any organization?
What is funding?
What is cashier's cheque?
Can Filing Bankruptcy Stop Bill Collectors From Calling?
What is Debenture Stock?
Tell something about MGNREGA?
On what basis do banks offer loans?
Is there any possibility of any outside force to manipulate the market?
Why convertible securities are more attractive to investors?
What is 'bill of exchange' (boe)?
According to, Fair Debt Collection Practice Act, who are the third parties that the bill collector, can deal with while trying to collect a debt?
Name some scams that took place in recent past?
