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Reverse repo operation is when RBI borrows money from banks by lending securities. The interest rate paid by RBI in this case is called the reverse repo rate. MSS securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. Open market operations are conducted by the RBI by way of sale or purchase of government securities (g-secs) to adjust money supply conditions. The central bank sells g-secs to suck out liquidity from the system and buys back g-secs to infuse liquidity into the system. These operations are often conducted on a day-to-day basis in a manner that balances inflation while helping banks continue to lend. The RBI uses OMO along with other monetary policy tools such as repo rate, cash reserve ratio and statutory liquidity ratio to adjust the quantum and price of money in the system. CMBs in India are non-standard, discounted instruments issued by government to meet temporary mismatches in the cash flow of the government. First set of CMBs were issued in May 2010. CMBs have the generic character of Treasury Bills but are issued for maturities less than 91 days. CMB is the most flexible instrument for a central bank because it can be issued when needed, allowing the central bank to have lower cash balances and issue fewer long-term notes.
After selling 15 chairs, a furniture shop earns a profit equivalent to the selling price of 3 tables. While selling 10 tables, the shop earns a profit e...
The ratio of the cost price and marked price of an article is 5:9, respectively. The article is sold after giving a discount of Rs. 900 such that there ...
The first shirt is sold at twice the selling price of the second shirt. The first shirt is sold at 8% profit and the second shirt is sold at a 3% loss. ...
A shopkeeper allows two consecutive discounts of 20% and 25% on an article and still he makes a profit of 32% by selling it. He would make Rs.2332 less ...
A merchant employs an inaccurate weight of 800 grams instead of 1 kg when selling sugar. If he labels the sugar's price as 20% higher than its cost pric...
The ratio of cost price and selling price of a shirt is 4:5 respectively. The shirt was marked up by 35% above its cost price, and sold after giving Rs....
The profit percentage of K and L is same on selling the articles at Rs. 48800 each but K calculates his profit on the selling price while L calculates ...
Vista Publications sold a Notebook for Rs. 150 and made a profit of 20% on its Cost Price (CP) and sold a Diary for Rs. 330 and made a profit of 10% on ...
If the selling price and cost price of a book is Rs. 440 and Rs. 320, then find the profit percentage in this transaction.
A retailer buys a product at a price which is 25% less than the marked price. He sells the product at a 20% profit on the cost price. If the marked pric...
