Question
Which of the following is the new interest rate
benchmark, introduced by RBI, based on secured money markets, as a better replacement to MIBOR ?Solution
The Reserve Bank had set up the Committee on the MIBOR Benchmark (Chairperson: Shri Ramanathan Subramanian) to review the Rupee interest rate benchmarks in the country, especially the usage of Mumbai Interbank Outright Rate (MIBOR), and to examine the need for transition to new benchmarks. Based on the recommendations, it is proposed to develop a benchmark based on the secured money markets (both basket repo and TREP) – the Secured Overnight Rupee Rate (SORR).  Financial Benchmarks India Limited (FBIL) is being requested to take the proposal forward. Â
Mango is a sweet and juicy fruit with a distinctive flavor and aroma, and is rich in vitamins, minerals, and antioxidants. The temperature at which chi...
Zygogramma bicolorata feed on:
In Insects, if the food resources shared equally by the competing members it is called
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Which of the following crops is not covered under Agricultural Market Intelligence Centre?
What is the primary reason for the blanching of vegetables before freezing them?
What is the primary function of the suspensor in embryogenesis?
The seed requirement for taking up line sowing in samai is _________ kg/ha.
The objective of the edible oils packaging (Regulation) order 1998 is to:
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