Question
Which of the following institution in India is
appointed by the RBI for valuation of portfolios of government securities and state development loans? This will also play a crucial role in deciding the external benchmark linked lending of loans by PSB’s?Solution
The Reserve Bank has appointed the Financial Benchmark India Pvt Ltd (FBIL) for valuation of portfolios of government securities, which earlier used to be done by FIMMDA. FBIL will commence publication of the g-sec (government securities) and SDL (state development loans) valuation benchmarks based on the extant methodology. FBIL would also compute and disseminate the daily reference rate for spot USD/INR and other major currencies against the rupee which used to be done by RBI itself. Banks, non-banking financial companies (NBFCs), primary dealers, co-operative banks and all financial institutions which are required to value government securities as per FIMMDA may use FBIL prices from April 2018 Onwards
Each question below has a blank, indicating that something has been omitted. Choose the word for the blank that best fits the meaning of the sentence a...
Select the most appropriate option to fill in the blank.
We’ll accept your application _______ you fulfil all the conditions.
All the buildings that converged on the street were___________.Â
(A) similar
(B) compared
(C) identical   Â
I.She wanted to ______ her sister and narrate the whole incident.
 II. Malini preferred to ______ off the wedding.
III. Rita planned ...
____ man standing in that corner is a police man in plain clothes.
Sentences are given below with a blank. Fill in these blanks with the appropriate option.
The young boy's __________ smile brightened up the ro...
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Select the most appropriate synonym of the word given in brackets to fill in the blank.
September 15, the duo__________(began) for the Uttarakhan...
In the question given below, two sentences are given with one blank each. From the given options, choose the word that correctly fits both sentences.
Stakeholders over the world stressing the value of free trade
