Question
LIBOR (London Interbank Offered Rate) is being replaced
by ______________.Solution
LIBOR, which stands for London Interbank Offered Rate, serves as a globally accepted key benchmark interest rate that indicates borrowing costs between banks. LIBOR is being replaced by the Secured Overnight Financing Rate (SOFR) on June 30, 2023, with phase-out of its use beginning after 2021.
What is the standard time frame for supplying information to an applicant under the RTI Act 2005?
Which of the following is the investment arm of World Bank?
Which of the following states is not one of the States covered under Purvodaya?
In RBI MPC August 2024, which rate was unchanged at 6.75%?
Pradhan Mantri Gram Sadak Yojana (PMGSY), the rural roads construction scheme, in the budget for the year 2022-23 was raised how much percent?
A momentous collaboration has been forged between the Ministry of Social Justice & Empowerment and the National Safai Karamcharis Finance and Developmen...
If the subscriber dies, what percentage of the pension is provided to the spouse as a family pension?
Which of the following is not one of the five PVTGs of Andaman & Nicobar Islands?
An Inter-Ministerial Empowered Committee (IMEC) is established at the national level to look after the Implementation of PM-FME Scheme. Who among the fo...
Statement 1: SVAMITVA scheme aims to provide rural property owners with property cards.
Statement 2: The property cards issued under SVAMITVA ...
