what is repo rate?
Answer Posted / chiranjibi
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 ? | 0 Yes | 0 No |
Post New Answer View All Answers
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
how many types of practice accounts?
what are the steps used in UAT in Oracle Apps?
What are the major responsibility's of an accountant? what are the qualities he /she requires?
What are different types of reports made in tally
what is undisclosed profit? explain
What exactly balance sheet depicts
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
deffered tax treatment in financial statements
What are the benefits ofparticipation in a depository?
What are events occuring after the balancesheet date?
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
what is the nature of bill receivable and consignmenta/c
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?