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The secured overnight financing rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans that is replacing the LIBOR. SOFR is a benchmark rate administered by the Federal Reserve Bank of New York (New York Fed) which has been selected to replace USD LIBOR. SOFR itself is a backward-looking overnight rate because it is based on overnight transactions in the U.S. Treasury repo market.
Consider the following statements regarding the ‘Tyndall effect’.
1. It is a phenomenon wherein scattering of a beam of light can be obser...
For which sport did Kale Sarika Sudhakar won the Arjuna Award 2020?
With the aim to teach how many sentences in 22 scheduled vernacular languages in Devanagari script with translation in English has Bhasha Sangam been la...
In which state of India is the Gol Gumbaz situated?
IAS officer Vini Mahajan became the first Woman Chief Secretary of which state in June 2020?
Where was the 12th edition of the 'Divya Kala Mela' held in 2023-2024?
Identify the option that arranges the following neighbouring countries of India according to their Human Development Index (HD) ranks in 2021-22 in incr...
Which of the following statements is/are correct regarding changes to Atal Pension Yojana Scheme (APY) done in 2022?
A. According to the new cr...
According to census 2011, the child sex ratio was ______ females per 1000 males.
Who is the author of the book “The Emperor of All Maladies” ?