Which reference rate is likely to get scrapped completely by the end of year 2021?
LIBOR is likely to be fully withdrawn by the end of the year 2021. RBI has directed the banks to go for alternative reference rates. The Financial Conduct Authority (FCA), UK has announced on March 05, 2021 that LIBOR will either cease to be provided by any administrator or no longer be a representative rate: · Immediately after December 31, 2021, in the case of all Pound sterling, Euro, Swiss franc and Japanese yen settings, and the 1-week and 2-month US dollar settings; and · Immediately after June 30, 2023, in the case of the remaining US dollar settings Therefore, banks and financial institutions and their customers should stop using LIBOR as a benchmark and instead use any widely accepted ARR, as soon as practicable and in any case by December 31, 2021.
The CITES was signed in the year
Lichens, the pioneer organisms that initiate ecological succession are actually a symbiotic association of
When marginal production more than average production than elasticity
Nanofertilizers are a new and innovative approach in agriculture that involves the application of nanoparticles as a means of enhancing plant growth and...
The normal titratable acidity in fresh cow milk is :
When was the Pradhan Mantri Matsya Sampada Yojana (PMMSY) launched?
What is/are the effects of heavy metals on soil?
Which of the following is correct?
Which of the following is not a function of Auxin?
The first vaccine against smallpox disease was developed in the year 1797 by _____