Home
Wiki User
Answered 2014-05-23 21:53:38
Policy rate is the rate of interest that banks charge. It can be a rate charged from credit cards, insurance policies, savings accounts, checking accounts, or other similar things.
Your Answer
Still Have Questions?
Related Questions
The interest rate policy is a component of?
Monetary Policy
The interest rate policy is the component of?
monetary policy.........
What impact did the policy actions have on the fed funds rate?
The impact on the federal funds rate, by any policy, would depend on which policy is in question. Some policies will cause the federal funds rate to increase while other policies will cause the federal funds rate to decrease.
What does policy rate mean?
In economics, the policy rate (policy interest rate) is the short-term interest rate that the central bank manipulates through open-market operations. Open-market operations include the sale and purchase of bonds. During times of recession, the central bank favors a low policy rate that would help close the GDP gap. When a country is experiencing heavy economic growth, the central bank tends to favor a higher policy rate that would curb inflation.
What was the impact of one child policy on infant mortality rate?
infant mortality rate is not related to one child policy because the policy does not allow to kill the new born baby. You should ask about the abortion rate. Also, the policy can't be used if the embryo becomes to a human in mother's uterus.
What is a composite rate in general liability insurance?
This is a rate established at the beginning of a policy period. It is a rate based on the "average" of the same type of classes or work-such as all restaurant work, etc. This type of policy is normally audited at the end of the policy term to adjust for additons or deletions of coverage throughout the policy term.
Monetary policy of India?
means latest crr, repo rate,revers repo rate, bank rate ,slr
What are the Reasons for fall in money value?
Changes in fiscal policy Inflation rate Interest rate
Can a client change the mortality rate on their adjustable life policy?
It is up to the discretion of the Insurer to change the mortality rate on the basis of information provided by the insured, in their adjustable life policy.
What is the rate of AIG Insurance based on a six month policy?
The rate of AIG insurance based on a six month policy really changes based on each family's situation. The more liabilities a family has, the higher the rate of insurance.
Factors affecting exchange rate?
government policy intrest rate parity balance of payment changes
Does an life insurance company has the right to keep raiseing it rates on the eldely?
It depends on the type of insurance. If you have a whole life or guaranteed universal life policy, the rates are set when you take out the policy and the company cannot increase the rate, ever. If you have a renewable term insurance policy, the rate will increase each time you renew the term. The agent that sold you the policy should have fully explained rate increases and how they worked and if your policy was subject to them.
Methods to control of unemployment?
monetory policy and fiscal policy both methods are used to control unemployment rate.
What is the definition of short rate cancellation?
[[short rate]] is a penalty method of calculating return policy when it is cancelled by the policy holder prior to the expiration date of the policy. <p> This is calculated using either a [[online wheel calculator]] or using a paper wheel.
Are the proceeds of an endowment policy taxable?
Proceeds of an endowment policy is not taxable. Regardless of a person's tax rate, proceeds of an endowment policy is tax free. ?æ
What is tools of monetary policy?
The principal tool is the discount rate (the rate the Federal Reserve System charges banks).
What does consent to rate mean on a property insurance policy in North Carolina?
That's permission to give you a price for the policy. They meed to rate it in order to quote you the price it will cost. The company is required to rate the risk according to your states regulations and it's filings.
What does it cost to borrow from a variable universal life insurance policy?
the interest rate is stipulated in writing in the life insurance policy
What is renewal rate?
this is the amount the premium will cost if you elect to 'renew' this policy
Give a definintion for the term life?
Term life insurance is a type of life insurance that is paid at a fixed rate for a fixed amount of years. After those specific years, rate is no longer guaranteed and the owner of the policy can opt out or can contiue the policy paying what ever rate is assessed
What is the purpose of the one child policy?
It is an attempt to stabilise the rate of population growth
Still have questions?
