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Repo rate is the rate at which RBI lends to its clients generally against government securities. Reverse Repo rate is the rate at which RBI borrows money from the commercial banks. Bank rate is the rate charged by the central bank for lending funds to commercial banks. Bank rates influence lending rates of commercial banks. Higher bank rate will translate to higher lending rates by the banks. In order to curb liquidity, the central bank can resort to raising the bank rate and vice versa. Statutory liquidity ratio (SLR) is the Indian government term for reserve requirement that the commercial banks in India require to maintain in the form of gold, government approved securities before providing credit to the customers. Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down.
A man bought an washing machine of Rs.15000 and spend Rs.2000 on its repairing and Rs.1000 for buying its new parts. After few days he vend it...
A shopkeeper bought 1200 units of a product at ₹25 per unit and sold them at ₹35 per unit. After selling 40% of the total units, he increased the se...
A man bought an article at 25% less of the marked price and sold it at 15% more than the marked price. Find the profit earned by him.
...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...
A bought a laptop for Rs.15000. He spent 15% of the amount that he had paid for buying it for its repair. He then sold the laptop to B and earned a prof...
A invested Rs X in a scheme. After 6 months, B joined with Rs 7500 more than that of A. After an year, ratio of profit of B to the total profit was 3: 7...
A shopkeeper marked an article Rs. 540 above its cost price and sold it after giving a discount of 25% and earned a profit of 35%. Find the cost price o...
The selling price of an item, when sold at a 35% profit, is Rs. 168 higher than its selling price when sold at a 5% loss. If the ...