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LIBOR is likely to be fully withdrawn by the end of the year 2021.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.
GOI has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October - September) at Rs. ___for a basic recovery rate of 10...
What is the maximum limit of loan amount to be sanctioned under the PMMY?
In a vector having two or more target sites in a non essential portion of DNA for the cloning is known as ___
Recently which of the following country emerges as the world’s largest producer and consumer of sugar and the world’s 2nd largest exporter of sugar?...
Mendel chose ………….. pairs of contrasting characters for his study. In a monohybrid cross he obtained a definite phenotypic ratio of ……….. ...
Animal drawn MB plough is known as
Which instrument is used to measure Relative Humidity accurately in their crop canopy?
Which districts in Uttarakhand are particularly abundant in village society ponds?
Eri silkworm commonly feed on
Nilaparvata lugens is a pest of