Question

    External benchmark rate means the reference rate which includes:

    A Reserve Bank of India policy Repo Rate Correct Answer Incorrect Answer
    B Government of India 3-Months and 6-Months Treasury Bill yields published by Financial Benchmarks India Private Ltd (FBIL) Correct Answer Incorrect Answer
    C Any other benchmark market interest rate published by FBIL. Correct Answer Incorrect Answer
    D Only a and b Correct Answer Incorrect Answer
    E All of the above a, b and c Correct Answer Incorrect Answer

    Solution

    External benchmark rate means the reference rate which includes: (a) Reserve Bank of India policy Repo Rate (b) Government of India 3-Months and 6-Months Treasury Bill yields published by Financial Benchmarks India Private Ltd (FBIL) (c) Any other benchmark market interest rate published by FBIL.

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