Trend of Repo-rate and Inflation

Repo-Rate:

• ‘Repo Rate’ is the rate at which RBI (Reserve Bank of India) lends money to commercial banks. RBI is the Central Bank of India.

• Repo Rate = Repurchase Agreement

Decline of IT Stocks after Brexit

What is Brexit?

It is a word that has turned out to be utilized as a shorthand method for saying the UK leaving the EU - combining the words Britain and exit to get Brexit.

Demonetization Explained

Demonetization means removing the status of certain existing units of currency or the currency as a whole as legal tender of the economy. It is done by stopping the production of prescribed currency and its circulation in the market. Legal tender is a mode of payment recognized by the law in a country to be valid for meeting financial obligation.