Question
The Reserve Bank ofIndia (RBI) has introduced the SORRas
a new benchmark for overnight rupee transactions, aiming to improve transparency and better reflect market dynamics. What does the "S" in SORR stand for?Solution
• What is SORR? o SORR is the Secured Overnight Rupee Rate, a benchmark interest rate introduced by the Reserve Bank of India (RBI). o It is based on secured money markettransactions, including repo and tri-party repo (TREP) transactions. • Purpose of SORR: o The SORR aims to improve transparency in the market. o It is designed to better reflect market dynamics for overnight rupee transactions in the Indian financial system. • Components of SORR: o The rate is calculated using secured transactions, which ensures that it reflects the market's true cost of borrowing, with collateral in place, making it less prone to market fluctuations.
Choose the correct answer to fill the given blank
The boys _____ basketball in the park every day.
Fill in the blanks:
The new policy may _______ unintended consequences due to its _______ implementation.(i) How much __________ did you pay for the new loan?
(ii) They said nothing of great __________.
(iii) Primary colors can add __________ to a room.
Choose the option that provides the most appropriate and contextually fitting word for each blank.
The teacher asked the students to ________...
They offered to help, but we knew they were just _______ to avoid taking any real responsibility.
Select the most appropriate option to fill in the blank.
The pleasant ______ of the rain as it fell on the dust made me feel nostalgic.
It’s easy to be ………… , but difficult to ………………
Fill blank number 27 with correct option:Â
When you finish ______________ the crossword, look for the solution on the back page.
The chairperson expressed ______ , _____ the prevalence of child labour.