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Departmental rates are calculated by dividing the weighted wage rate for the department by the number of employees.

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What is the difference between departmental and non departmental enterprises of government?

Departmental enterprises means departments under govt to provide essential goods and services to people for example : drinking water(water department), health department ,transportation, public school etc... Non departmental means departments like steel manufacturing, oil exploration, electricity generation, financial institution etc......


How do you calculate REPO rate?

I think its a simple interest rate that is calculated and added to the second leg of the transaction. It can be calculated keeping other interest rates in mind & is generally fixed by the central bank of the country.


Is the price at which bonds sell determined by the interaction of stated rates of interest and market rates of interest?

Yes, the price at which bonds sell are determined by the interaction of stated rates of interest and market rates of interest.


What are the differences between developed and developing country?

Developing countries have high rates of natural increase as their birth rates are high, and although their death rates are also high there is usually a big gap between the two figures. Malawi's natural increase is 30 per year for every 1,000 people. This is calculated from the Birth Rate of 51 minus the Death Rate of 21 (51 - 21=30). Developed countries have both a low death rate and low birth rate, with only a small gap between the two. Norway's natural increase is 3 per year for every 1,000 (14 - 10=3).


Do interest rates rise when inflation declines?

Interest rates are simply the price of money. When inflation declines, interest rates typically decline also.

Related Questions

What are departmental overhead rates?

Departmental overhead rates are an expense assigned to products associated with a particular department. Overhead rates help businesses remain within the boundaries of a budget.


How are freight rates calculated?

How are freight rates claculated


In a departmental organization what is a gangplank?

In a departmental organization what is a gangplank?


How are 5 year CD rates calculated by banks?

Certificates for Deposit (CD) rates are calculated by aggregating the accrued interest (calculated by multiplying the balance by the APY rate) for each step of the ladder.


How are home mortgage rates calculated?

Mortgage rates are calculated based on the 10-year Treasury bond. This mean that usually when bond rates go up so do interest rates and interest rates are part of what we pay when we pay our mortgage. Mortgage rates are also calculated based on how much of a loan we need to finance our home purchase. One will pay an interest rate on the loan amount.


What is the difference between monthly interest and annual interest rates?

Monthly interest rates are the interest rates calculated and applied on a monthly basis, while annual interest rates are the interest rates calculated and applied over a year. Monthly interest rates are typically lower than annual interest rates because they are based on a shorter time period.


What do you mean by departmental explain departmental briefly?

A department is a subdivision of an organisation - for instance the Geology department is the subdivision that studies/teaches Geology in a University. Therefore 'departmental' means belonging to a department - as in the departmental staff.


How are commercial property mortgage rates calculated in general?

Commercial property mortgage rates are calculated primarily on the total value of the property being purchased. Other factors, such as down payment and interest rates will also affect the mortgage rate.


How are rates calculated?

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What will be Code for creating departmental store management system using JSP?

what is departmental store?


What are the features of departmental undertaking?

Departmental undertaking a business organisation hane several departments


How are i bond rates calculated?

I bond rates are calculated based on a fixed rate set by the U.S. Treasury, as well as a variable rate that adjusts every six months based on inflation. The two rates are combined to determine the overall interest rate for the i bond.