what is repo rate?
Answer Posted / parvinder soni
Repo rate is the rate at which banks borrow funds from the
RBI to meet the gap between the demandthey are facing for
money (loans) and how much they have on hand to lend. If
RBI wants to make it more expensive for the banks to borrow
money, it reduces the repo rate.
Is This Answer Correct ? | 28 Yes | 43 No |
Post New Answer View All Answers
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
what is Journal Entries?
Please explain a Representative Personal Account.
which kind of expenses or Income will come under direct expenses or Income ?
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Expand-------ANTS
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
Short Answer on -----Trade mark
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
What is the content of purchase order? n content of voucher? what is the main use of voucher.
Nature of training account with reason
what is purchase tax in rajasthan.
what are the suggestions to control NPA in rural areas?
in a every intervew asking one common question why you are living current employer, which is the best answer