Question

External benchmark rate means the reference rate which includes:

A Reserve Bank of India policy Repo Rate Correct Answer Incorrect Answer
B Government of India 3-Months and 6-Months Treasury Bill yields published by Financial Benchmarks India Private Ltd (FBIL) Correct Answer Incorrect Answer
C Any other benchmark market interest rate published by FBIL. Correct Answer Incorrect Answer
D Only a and b Correct Answer Incorrect Answer
E All of the above a, b and c Correct Answer Incorrect Answer

Solution

External benchmark rate means the reference rate which includes: (a) Reserve Bank of India policy Repo Rate (b) Government of India 3-Months and 6-Months Treasury Bill yields published by Financial Benchmarks India Private Ltd (FBIL) (c) Any other benchmark market interest rate published by FBIL.

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