what is bank rate?

Answer Posted / anil

bank rate is nothing but the rate which at RBI purchase or
rediscounts bills of exchange of commercial banks


anil gopal
anilgopal_2020@yahoo.com

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand-------MTRS

1785


What is contract accounting?

1856


Can v transfer trail balance to journal entry how and with example?

1766


What is wealth maximisation

1637


WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

1538






What are the objectives of accounting

1493


what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1500


what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1455


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1546


Entrance Exam question & Answer required

1513


You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.

1761


what is contigent liabilities? whats it status in balance sheet?

1778


WHAT IS INTEGRAL ACCOUNTING

1777


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

1605


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2136