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.
Statements: Some winters are summers.
All summers are springs.
All springs are seasons.
Statements:
Each Local is Town.
Some Towns are State.
No Town is Village.
Conclusions:
I: No Local is Village.
II: Some State are Locals.
- In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if they ...
Statements:Some pins are needles.
All needles are ropes.
Some ropes are buckets.
All buckets are trees.
Conclusions:I. Some ...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Who among the following sits to the extreme west on Floor - 2 and extreme east on Floor-4?
Statements:
Only a few Planet is Mars.
No Mars is Pluto.
Only Pluto is Saturn.
Conclusions:
I. Some Saturn can never ...
Three statements are given, followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at a variance wi...
Statements:
All Table are Chair
Some Chair are woods
Some woods are Watch
All watch are metals
Conclusions :
<...- Statements:
Only Time is Hour.
Some Times are Minutes.
Mostly Minutes are Seconds.
Conclusions:
I. Some Hour cannot...
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