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.
Consider the statement in regard of SVAMITVA scheme.
1. The aim of this scheme is to update rural land records, providing record of rights to v...
Which constitutional amendment, known as 'mini constitution', gave effect to the recommendations of the Swaran Singh Committee?
Where was India’s first Artificial Intelligence (AI) school opened at?
As of July 2020, who among the following was the Director General of Indian Council of Medical Research (ICMR)?
According to the Cultural Ministry of India, currently India have how many Classical dances?
As per the provisions of the Industrial Employment (Standing Orders) Act, 1946, standing orders shall come into operation after the expiry of how many ...
Which one of the following elements has the highest boiling point?
The payment System Operator is an authorized party that is registered under the Companies Act, 1956 or the Companies Act, 2013 that undertakes the oper...
Which Indian state was ranked at the top in terms of overall environmental performance in the annual data compendium released by the non-profit Centre ...
