Question
What is
MIBOR?ÂSolution
MIBOR (Mumbai Interbank Offer Rate) is the rate at which banks borrow unsecured funds from one another in the interbank market. National Stock Exchange (NSE) launched the Mumbai Interbank Offer Rate (MIBOR) and Mumbai Interbank Bid Rate (MIBID) in June, 1998. The NSE developed a benchmark rate for the term money market, like the 14-day, 1-month and 3-month MIBOR. The same was later named as FIMMDA-NSE MIBID/MIBOR rate in due course. The rate is representative of 30 banks and primary dealers.
Which of the following statements is/are true about public goods?
I. Rivalrous in consumption
II. Non-excludability
III. Positive marginal cost
In which year was the Foreign Exchange Management Act (FEMA) enacted to replace the Foreign Exchange Regulation Act (FERA)?
In May 2023, the Supreme Court of India issued a set of directions to strengthen the POSH Act. To which of the following is this Act related?
Which of the following is correct as per the recent guidelines by RBI for the conversion of small finance banks into universal banks?
In which of the following states is the Simlipal bio-reserve located?
What significant step has been taken towards indigenisation in defence manufacturing as indicated by the Ministry of Defence?
The Government of India approved the National Policy for Farmers (NPF) in:
Which of the following Sites is a old UNESCO Sites in India?
How many controls are there globally that influence the climate of a particular zone?
In which of the following cities did Mahatma Gandhi lead the peasant movement against the imposed indigo cultivation by the British planters?
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