Question
The Reserve Bank of India (RBI), based on the
recommendations of the Committee on the MIBOR Benchmark, has proposed replacing the existing MIBOR with a new benchmark rate. What is the name of this new rate?Solution
The Mumbai Interbank Outright Rate (MIBOR) has long been the primary rupee interest rate benchmark in India. However, due to limitations in depth and representativeness, the RBI constituted a Committee on the MIBOR Benchmark, chaired by Shri Ramanathan Subramanian, to review its adequacy. The committee recommended developing a benchmark rate based on secured money markets (covering transactions like basket repos and TREPs). As a result, the RBI proposed introducing the Secured Overnight Rupee Rate (SORR) as the new benchmark. This rate is intended to be more robust, transparent, and reflective of actual secured funding costs.
Choose the option that is the active form of the sentence.
An award was given to the film ‘Andhaa Dhund.’
Select the correct Active/Passive form of the given sentence-
Who can count the pens in the school ?
Select the correct active form of the given sentence.
Many Indians have been brought back from foreign countries by the government.
Let the silence be maintained.
Find out the appropriate words.
Choose the option that is the passive form of the sentence.
They found her guilty of theft.
Select the option that expresses the given sentence in passive voice.
The invigilator is advising the students not to carry calculators into the ...
Select the correct passive form of the given sentence.
The Indian army has inducted several women officers in Infantry and Armoured Corps.
...Choose the option that is the passive form of the sentence.
The tennis ball hit Dhiraj on the head.
- Select the option that expresses the given sentence in active voice.
The novel was written by the famous author in just three months.
...
Relevant for Exams:
