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      Question

      Which of the following is NOT mentioned as an eligible

      external benchmark in the circular on External Benchmark Based Lending issued by RBI?
      A Reserve Bank of India policy repo rate Correct Answer Incorrect Answer
      B Government of India 3-Months Treasury Bill yield Correct Answer Incorrect Answer
      C Government of India 1-Year Fixed Deposit rate Correct Answer Incorrect Answer
      D Any other benchmark market interest rate published by FBIL Correct Answer Incorrect Answer
      E Government of India 6-Months Treasury Bill yield Correct Answer Incorrect Answer

      Solution

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

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