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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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