what happens in the stockmarket when RBI changes the CRR
rates(REPO RATES)
Answer Posted / bala
The cut in CRR pumps in the liquidity to the market. Cash
Reserve Ratio is the ratio at which each bank keep their
cash reserve with RBI. When this ratio is reduced, the
excess cash is released by RBI and they are indirectly
pumped into the Stock market, which will help to reduce the
crunch situation
| Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
What is deffered income
how many types of financial teribuanal? what is that?
Expand--------TAO
what is the difference between Assets Allocation & Security selection?
i need sbi bank clerk exam model question papers
Name the Accounting Concepts
what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c
Can i make invoice when my client apply for TIN Number ?
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.
Expand RMP
EXPAND___________NPO
why funds management doc is generated during migo and miro
WHAT IS B.E.P. CHART
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
in what form is crr kept in RBI?