Question
Which market is the new SORR benchmark derived from?
Solution
SORR, the Secured Overnight Rupee Rate, is derived from secured money markets, including basket repo and triparty repo (TREP). This benchmark is more transparent and trade-based than the current MIBOR, which relies on polled rates. SORR reflects actual transactions, offering greater accuracy and stability.
Select the correct meaning of the given idiom.
Slap on the wristÂ
- Choose the option which best expresses the meaning of the idiom/phrase bold in the sentence.
After months of hard work, Rahul finally hit the nail ... Select the most appropriate meaning of the given idiom.
Vanish into thin air
In the given question a sentence with a blank is given. From the options choose the idiom which will fit perfectly in the blank and make the sentence c...
- Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
Despite all his efforts, Rajeev hit a brick wall in... In the given question, four alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the ...
After their (A)/long argument the two brothers (B)/have at last (C)/worried the hatchet (D). No error (E)
If you want to be a politician, you'll do much better if you were born with the gift of gab .
Widely known and esteemed
After continuously listening to the false accusations, Julia left the meeting room in a high dungeon.