Question
The Reserve Bank of India has announced plans to shift
away from the MIBOR benchmark. Which of the following represents the new benchmark rate proposed by RBI, derived from secured money market transactions such as basket repo and TREP?Solution
To strengthen India’s interest rate benchmark framework, the RBI constituted the Committee on the MIBOR Benchmark, chaired by Shri Ramanathan Subramanian. The committee recommended replacing the Mumbai Interbank Outright Rate (MIBOR) with a more robust benchmark based on secured market transactions. Accordingly, RBI proposed the Secured Overnight Rupee Rate (SORR), which is derived from secured money market instruments like basket repos and TREPs. This benchmark is expected to: • Improve transparency and reliability, • Reduce dependence on unsecured market rates, and • Align India’s financial markets with global best practices.
Which method is typically used to value non-current assets held for sale?
GST is a consumption of goods and service tax based on
Which section of the Income Tax Act, 1961, defines the term ‘Assessee’?
A company reports the following transactions for the year ended 31st March 2025:
• Equity Share Capital increased by ₹4,00,000 (including ₹...
In the Cash Flow Statement, payment of taxes is classified under which activity?
AEPS stands for ______________.
The arrangement of assets and liabilities in accordance with a particular order is known as of balance sheet. Â
Zero-Based Budgeting (ZBB) requires:
Under PMEGP, what is the maximum subsidy percentage available for beneficiaries belonging to SC/ST/Women/NER categories?
Capital expenditure results in:
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