Why RBI switched from Bank Rate to Repo Rate ? | Indian Economy for UPSC

Why RBI switched from Bank Rate to Repo Rate | Indian Economy for UPSC - Short term lending rate , Long Term Lending rate, Penalty Rate, Re-insurance
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In Indian Polity Course for UPSC on Bookstawa App, Entire Indian Polity Syllabus is COMPLETED in detail- you will get 300+ Animated videos, downloadable PDFs, online test and Dedicated support for queries.
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[@riya_pragna]

do you have it for apple phones?

[@AshwaniKumar-tx3cq]

There is no doubt that you pay a lot of efforts to make video

[@nehamaurya9700]

I watched so many videos but doubt clear by your video
Thanks a lot

[@riya_pragna]

the explanation is wayy better than other subscribed material and overloaded notes . Thankyou so very much sirji. I am from science background but understood everything at first shot .

[@kashish_sinha]

Thankyou so much sir
Beautifully explained Rediscounting Rate 🎉

[@subhrajitchakraborty8170]

Thank you so much for this video ❤

[@dheerajverma-ji2fd]

Local style of teaching..... Awesome....❤❤❤

[@Sachinkumar-lw4uk]

Splendid explanation

[@the_harsh_a]

Wow woww wow very happy right now because I might sound fool but since 3 days my studies have been in break due to I was not able to understand bank rate specially that rediscount bill so I do not feel to study. Thankyou so much bookstawa team ❤

[@yuvrajsinh566]

Thank you so much sir. ...🙏🏻😊🙏🏻

[@sachinkumar-ko5mm]

Best best best best best lecture❤ ever

[@ruchisharma1006]

Quality education🌺

[@harshitathakur9098]

Sir if there is any possibility. Plz make videos of science and tech .

[@Dhananjay_singh_somvanshi]

Very very nice explanation sir ji ❤❤❤❤❤❤

[@krishnajaiswal7676]

Thank you so much sir 😊

[@knowthyself379]

Great sir🎉

[@Dhananjay_singh_somvanshi]

Really sir i have no words to appreciate ur work sir ji

[@cat-zg2om]

Keep it up..👍

[@nkman963]

Sir kuch geography k bare me soch rhe kya?
Muche lgta h aap geography bahut behtar padha skte h.

[@iassavita5633]

#Bookstawa se acha kuch bhi nhi ....

[@vijaykumar-mj5dc]

Excellent, sir please provide videos at faster pace

[@smitayadav7767]

Tq so much sir

[@shreetamkumarrout5868]

Sir please make videos for India after independence.

[@tuheenpanda-bajmc6561]

I love bookstawa

[@AviKhant7]

How can a company xyz approach the RBI to pay its dues? is there any intermediary?

[@DiwyeshPatil]

Regarding 10% loss to abc company. Say ABC company was ready to receive money from xyz company after 2 months. But after 15 days from good delivery they received another from PQR company order to produce more goods . For urgently producing goods they need money for raw materials.
So instead of going to bank for taking loans which is generally lengthy process they go for bills discounting.

[@DiwyeshPatil]

Regarding 10% loss to abc company. Say ABC company was ready to receive money from xyz company after 2 months. But after 15 days from good delivery they received another from PQR company order to produce more goods . For urgently producing goods they need money for raw materials.
So instead of going to bank for taking loans which is generally lengthy process they go for bills discounting.
So urgent need of fund has been fulfilled

[@pawansinha9180]

Bpsc k liye kuch btaiye. Na bhaiya plz plz plz

[@bongmantu]

Sir please continue animated video 🙏

[@akshay8191]

Sir awesome lecture as always…. Sir I have a doubt here… if you can clarify.. ABC company ok 1 lakh repay Milne chahiye the ideally but usko 90k hi mile… isme RBI and bank inko hi fayeda hua hai. Jo ki theek nhi hai. Please clarify sir once free

[@mayanksingh1007]

time is money

[@Nitin2024-bo9wy]

Same Doubt ?

[@chinmoypal1399]

RESPECTED SIR,AT 8:26 YOU SAY BASE RATE+X% BUT IN PPT IT IS BANK RATE+X%,THEN YOU SAY AGAIN BASE RATE INSTEAD OF BANK RATE.PLEASE CLEAR BY PUZZLE

[@bushrasheikh4434]

Sir please make one video on neer reer and balance of payments

[@Bookstawa]

ok

[@ShivanBihari]

❤❤❤❤🎉🎉

[@monisali911]

Sir abc company ko to benifit hua hi nhi 1 lac ke badle 90000 rupees

[@Kafur786]

Abc company ko ye faida hua ki usko instantly paisa mill Gaya jo who kahi aur use kar sakta hai. Basically abc company ne 2 month pehle paise Milne ki kimat chukai 10000

[@phoolchandyadav8404]

Like upsc students

[@debadarshirout2728]

Who ll pay the remaining 10k to ABC company???😮😮

[@epochal1224]

loss incurred by ABC to fulfill its urgent requirement. It's like taking a loan from bank on 10% interest rate and XYZ is paying it back after 2 months.

[@GurpreetChahal-ib7yn]

They have adjusted it in Goods amount by Marking higher price of Goods

[@doremon7091]

Nice initiative

[@indian8070]

sir abc company ne goods ko 1 lakh ka sale kiya tha..usko 90k mile....10k ka loss ho gaya usko..sir mera doubt hai

[@akshay00774]

But uski urgent contingency requirements poori ho gyi aur uss 2 months tk rukne ke bajaye voh 10k ko kahi aur se recover karna chahega
Aur ussi bill of exchange jiski value 1lakh thi jiske exchange pe back ko 2 mahine baad 1 lakh milta bank ne uska as loan leke uske against rbi ko dediya toh bank ne jo 90k abc ko diye usse above usne discounted price pe frr bhi jaada Kam liye aur aur rbi ko 1lakh milenge 2 mahine baad in jhaa below 1 lakh ka discounted loan lend Kiya bank ko isme sabhi ka fayda huya. ... Time is money.

[@akshay00774]

Ab tmhara query abhi bhi abc ke 10k k loss pe padhi hai prr businesses me 10k ki contingency ko poora krna aur aage aur better opportunity ki talash jaada better hoti rather than ki 2 mahine ki payment ka wait kro jo 10k se jaada loss uthana padh jaata aur yeh bill of exchange ka instrument party consider krti hai sabkuch .

[@akshay00774]

Aur aap hmesha toh bill of exchange ki taraf nhi jaayoge business ke pass khud ka reserve bhi hoga Jo usko aisi payment delays se help kare ...toh yeh ek optional instrument hai

[@a_jaswal_]

@Bookstawa Sir at 6:24 You said that bank will pay 90 k to the company abc. My question is that if abc company had made the products of 1 lakh then receiving only 90 k will lead to 10 k loss to the company abc ?

[@GurpreetChahal-ib7yn]

No , Goods are of low costs , ex 70k or 80k

[@AkRk-cz8lb]

In 1 lakh ...interest rate also includede