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
What is the primary purpose of the newly approved Defence Procurement Manual (DPM) 2025?Â
As per the RBI guidelines, Banks will be able to offer short-term crop loans up to one year at what percent of rate per annum?
MUDRA Bank, is a subsidiary of which of the following bank?Â
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI,has its Head Office (Corporate Office) in which city?
Which of the following banks built the National Stock Exchange of India (NSE)?
The latest entry in the Private sector bank is
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Who is the chairman of the State Bank of India?
CIBIL score is used in?Â
Arrange the Following banks in ascending order in their respective establishment years.
(A) Corporation Bank    (B) Punjab National Bank�...
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