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    • Question

      Who oversees the interest rate reset process for GOI FRB

      2035?
      A Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
      B Ministry of Finance Correct Answer Incorrect Answer
      C Reserve Bank of India (RBI) Correct Answer Incorrect Answer
      D National Stock Exchange (NSE) Correct Answer Incorrect Answer
      E Bombay Stock Exchange (BSE) Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) is responsible for overseeing the interest rate reset process for the GOI Floating Rate Bonds, 2035 (GOI FRB 2035). The interest rate is revised every five years based on prevailing secondary market transactions of 5-year GOI securities. This ensures market-linked returns and enhances transparency for investors.

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