What is CRR ? How it Works?
Answers were Sorted based on User's Feedback
CRR MEANS CASH RESERVE RATIO
It refers to keeping a portion of net demand and time liabilities (NDTL) of banks with the central banks (In India it’s Reserve Bank of India, RBI). Central bank fixes this percentage of NDTL. Central bank can change this percentage as a monetary measure to control the availability of funds in the economy i.e. to inject liquidity or to suck liquidity. RBI doesn’t pay any interest on such funds held with it.
Is This Answer Correct ? | 10 Yes | 0 No |
What is the Journal Entry of Closing Stock (Raw Material) of a manufacturing Company
Need to know the treatement of Pre-Operative Expenses and preliminary expenses. How would you differentiate these two?
SHADOW BALANCE SHEET
what are all the items comes under balancesheet(liability side & asset side) step by step.& also trading and p&l account. somany companies asking this type of question . please tell me...
7 Answers IBM, IBPS, Thomson Reuters,
what accounts payable applications are your familiar with?
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
What will happen if an organization not maintain the sufficient working capital?
What is computerized accounting?
I have an invoice here amounting to $1893.60 (purchases), a credit note of $61.00. I have paid the vendor $1,832.40. How should I record my entry? I am aware that the credit note entry is using journal and the payment is using payment voucher. But I am not sure how to post the entry. Please help. Many thanks.
WHAT IS SAP????
What is mutual fund sub accounting?
why don't we take cash and bank accounts into realisation a/c