Legal Question in Banking Law in India

13.12.2012

Dear Sir / Madam,

Cash ratio is the ratio of Cash / Current assets. SLR refers to the straight line rule for calculation of depreciation. "Repo rate"and "reverse repo" are terminologies used for forward trading contracts in commodities, foodgrains, fruits, vegetables and are governed by foreign currency fluctuations based on daily currency exchange rates announced by the Reserve Bank of India.

I recommend you consult a chartered accountant in Nedumgolam, Kollam (Quilon), Kerala to understand each concept better.

Regards,

FCA Prashant Chavan

Mumbai

(You can also mail me for any other on-line advice at [email protected])

CONTACT TO ECONOMIST NOT ADVOCATE.