Question
What is MIBOR?Â
Solution
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.
( 22.01%  of 899.80 ) × 15.99 = ? 2 + 27.98 × 2400 ÷ 800
? + 154.99 – 110.01 = 30.01 × 4.98
{(23.65 × 35.12) ÷ 6.97} + 179.86 = ? × 14.76
181.87 ÷ 13.89 X 8.13 + ? = 11.852Â
2550.03 ÷ 74.98 x 49.9 = ? + 20.32
(15.15 ×  31.98) + 30.15% of 719.99 = ? + 124.34
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
What approximate value will replace the question mark (?) in the following?
24.99...
13.99% of 399.99 ÷ 28.17 = ? ÷ 25.15
20.22 × 11.99 + 140.15 = ?
