What is meant by Repo Rate and Reverse Repo Rate.
Answer Posted / swapnil
Repo rate means the percentage at which RBI lends money to
other banks.
And reverse repo rate means the interest rate which the
other banks get by depositing their money to RBI.
| Is This Answer Correct ? | 21 Yes | 16 No |
Post New Answer View All Answers
Short Answer on ______Transaction
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.
Exapnd--------RAN
Short Answer on ______________Import Trade
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
Dear sir, I have complete B.com in march 2007, for past 4year i am doing some marketing jobs in insurance sector, now i need to change my job in accounting sector, i have heard that by doing SAP Fico there will be better opurtunity in corporate companies.
What is the use of final account?
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
Breif notes about accounting standards
about tally erp9
what is article of association? what is memorandum of association?
in which group under we will open donation and hamali weekly payment account or ledger
What is the process of VAT & CST Registration?
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?