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      Question

      A bank publishes its internal benchmark for various

      maturities. Which of the following maturity benchmark, need not be p ublish ed by the bank?   
      A One Year MCLR Correct Answer Incorrect Answer
      B Nine-Month MCLR Correct Answer Incorrect Answer
      C Six-month MCLR Correct Answer Incorrect Answer
      D Three-month MCLR Correct Answer Incorrect Answer
      E One-month MCLR Correct Answer Incorrect Answer

      Solution

      Banks shall publish the internal benchmark for the following maturities:   

      • overnight MCLR,   
      • one-month MCLR,   
      • three-month MCLR,   
      • six month MCLR,   
      • One year MCLR.   
      In addition to the above, banks shall have the option of publishing MCLR of any other longer maturity.  

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