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How does increase in repo rate effects interest rates?
Repo rate is the rate at which banks borrow money from the central bank of that country. So if the central bank (say reserve bank of india) hikes its repo rate, it becomes costly for banks to borrow money from RBI so they in turn hike the loan interest rates at which customers borrow money from them to compensate for the hike in repo rate.
Why does the central bank of the Philippines poes not make money so that the Philippines will not need to borrow money for education from the World Bank?
One word. Inflation. Printing more money causes prices to rise because of it's abundance.
Why do banks want interest rates to remain low?
With low interest rates the prices of bank borrowing (you borrow money to a bank) is low, therefore they can re-borrow money to others at lower costs and this leads to either A) more people borrowing if price is low or B) more profit for banks if price is high. In both cases, banks win.
Can state governments borrow money?
yes state can borrow money from union and even outside the country
When you buy a US Savings Bond you are doing so under the power given to congress to A regulate commerce B levy taxes C print and coin money D borrow money?
BORROW MONEY
From where do people borrow money?
the bank
Who pays money at bank?
The person who borrow money.
When you borrow money from a bank where does that money come from?
When you borrow money from a bank they pull cash from the bank's reserves. This collection of cash is the net cash reserves within the bank or its network from depositors in the system.
Whom should you at the bank if you need to borrow money answer key?
whom should you see at the bank if you need to borrow money? worksheet answer key
Commercial banks and their relationship with the reserve bank?
we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
What do you call a bank employee who helps customers borrow money?
A bank employee that helps customers borrow money would be called a loan officer.
How do you you change this sentence into passive voice we shall borrow money from the bank?
Money will be borrowed from the bank.
Why do you receive interest on money that you keep in the bank?
The bank is paying you (compensating you) for the use of your money. When you borrow money from the bank, you pay them interest.
Can an Australian citizen borrow money from a bank in Japan?
no
Can a UK citizen borrow money from a bank in japan?
no
Are there any other agencies aside from banks that I can borrow money from?
Besides a bank, you can borrow money from a credit union. However, you must be a member of a credit union you borrow from. A bank will lend to anyone who walks off the street.
Do I have to have money in my bank account to borrow a student loan?
In some cases, you may need to have money in a bank account to borrow student loans. However, it will be different for each person.
