Question
What new benchmark has the RBI proposed to replace MIBOR
for the interest rate derivatives market?Solution
SORR is based on secured money markets, such as basket repo and triparty repo, offering a more transparent and accurate benchmark compared to MIBOR.
More Monthly Quiz General Awareness Questions
- Which of the following is not a unicellular organism?
Which type of body symmetry is exhibited by annelids?
- Which of the following statements about Black Soil is incorrect?
Which renowned wildlife sanctuary in Uttar Pradesh is known for its population of swamp deer (Barasingha)?
Who is serving as the Union Minister of Social Justice and Empowerment as of May 2025?
- Who holds the distinction of being the first judge against whom impeachment proceedings were initiated in independent India?
On which date is World Forestry Day celebrated every year?
- When moisture-laden air moves toward a mountain, which portion of the mountain typically receives the highest precipitation?
- The first country to grant Mount Taranaki legal personhood is:
Which of the following statements about FIDE is correct?
1. FIDE was founded in 1924 in Paris.
2. It has 201 national chess federations as...
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