Question
The Reserve Bank of India (RBI) has asked banks and
financial institutions to adopt by _______ a widely accepted Alternative Reference Rate, such as the Secured Overnight Financing Rate (SOFR), to complete the transition from the scandal-hit London Interbank Offered Rate (LIBOR) and Mumbai Interbank Forward Outright Rate (MIFOR).Solution
The Reserve Bank of India (RBI) has asked banks and financial institutions to adopt by July 1 a widely accepted Alternative Reference Rate, such as the Secured Overnight Financing Rate (SOFR), to complete the transition from the scandal-hit London Interbank Offered Rate (LIBOR) and Mumbai Interbank Forward Outright Rate (MIFOR). Banks and private companies were using LIBOR as the benchmark rate for raising funds abroad. It was a key benchmark for setting the interest rates charged on adjustable-rate loans, mortgages and corporate debt. New transactions are now predominantly undertaken using SOFR and the Modified Mumbai Interbank Forward Outright Rate (MMIFOR). SOFR is considered a more accurate and more secure pricing benchmark.
Given set: 374, 635, 725
Select the option in which the numbers are NOT related in the same way as are the numbers of the following set.
(22, 31, 45)
(54, 75, 105)
Four number-pairs are given, out of which three are alike in a certain manner and one is different. Choose the different number pair.
Select the option that is related to the third number in the same way as the second number is related to the first number.
46: 146 :: 65:?
Select the option that is related to the third term in the same way as the second term is related to the first term.
GAYH : IYWJ :: FBAO : ______
Select the combination of letter that when sequentially placed in the blanks of the given series will complete the series.
_ O _ _ S G _ A _ S...
Select the option in which does not share the same relationship as that shared by the given pair of numbers.
16 : 102
How many numbers between 1 to 50 are there, which are not only exactly divisible by 4 but also has 4 as a digit?
Select the option that is related to second number in the same way fourth number is related to third number.
17 : ? :: 26 : 674
Select the option that is related to the fourth term in the same way as the first term is related to the second term and the fifth term is related to th...
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