Question
Which new benchmark has the RBI introduced to replace
MIBOR?Solution
The Reserve Bank of India has introduced the Secured Overnight Rupee Rate (SORR) to replace the Mumbai Interbank Outright Rate (MIBOR). SORR is based on secured money markets like basket repo and triparty repo (TREP) to ensure transparency and accuracy in interest rate benchmarks.
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
Ram is very calculative and always has an axe to grind.
Fill in the blank given below using the correct idiom.
Even though Sam faced criticism for his innovative ideas, he decided to _______________ ...
With too much work, our holiday has become ball and chain.
Choose the alternative which best expresses the meaning of the given idiom.
At the eleventh hour
In the following questions, out of the 4 alternatives, choose the alternative which best expresses the meaning of the idiom/phrases.
Over egg ...
To scold someone
The aged employees were offered a golden handshake by the management.
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
An idiom is used in three sentences. You need to choose the option that correctly identifies the sentence(s) in which the idiom has been used appropri...
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