what is bank rate?

Answer Posted / pranava

It is the rate (also called discount rate) of interst at
which central Bank (RBI)lends to commercial banks.

Is This Answer Correct ?    6 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Given the present state of recession in the IT industry As human resource manager how are you going to undertake human resource planning at macro level to tide over this crisis?

1712


A company issues new debentures of Rs.2 million, at par; the net proceeds being Rs.1.8 million. It has a 13.5 per cent rate of interest and 7 years maturity. The company’s tax rate is 52 per cent. What is the cost of debenture issue? What will be the cost in 4 years if the market value of debentures at that time is Rs.2.2 million?

3471


Briefly describe your ideal job?

4437


Why Does Stock Prices Fluctuate?

1561


WHY DO YOU WANT TO WORK FOR US???

2240






hi friends, i'm vino .. any one can tell wat is the difference between nifty and sensex.. nifty cotains 50 shares , sensex contains 30 shares.. but the value is different why?

1582


why to pursue management education ?

3707


Imagine that you are appointed as the manager of a reputed company.How will you plan the various activities in your organization ?

1810


How do you plan to achieve these goals?

1679


what goals do you have in your career

1676


HOW MANY UCOBANK BRANCH IN INDIA AND ATMS.

2720


HOW MANY BASED RATE AND OTHER RELETIVE RATES.

1716


What is the difference between quality analyst and quality control and assurance?

3411


Hi,How much gap is there between Paper-I,II and III of Group-II exams?

1632


why are U looking for this vacancy

1722