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The Reserve Bank has appointed the Financial Benchmark India Pvt Ltd (FBIL) for valuation of portfolios of government securities, which earlier used to be done by FIMMDA. FBIL will commence publication of the g-sec (government securities) and SDL (state development loans) valuation benchmarks based on the extant methodology. FBIL would also compute and disseminate the daily reference rate for spot USD/INR and other major currencies against the rupee which used to be done by RBI itself. Banks, non-banking financial companies (NBFCs), primary dealers, co-operative banks and all financial institutions which are required to value government securities as per FIMMDA may use FBIL prices from April 2018 Onwards
The Sahitya Akademi was formally inaugurated by the Government of India on 12 March ________.
Consider the following statements about the Kakori train conspiracy.
1. In the incident of Kakori, the main conspirator was Ram Prasad Bismil. <...
Which Indian chess master has clinched the 2018 Tal Memorial Rapid Chess tournament in Moscow?
Which of the following statement is correct about The Amazon, the world's most biodiverse rainforest?
(1) The World's second largest rainforest...
The marginal propensity to consume (MPC) refers to the:
Which of the following options is incorrect about “National Education Policy 2020”?
Which of the following cricketers was described as 'Mr. Incredible' by the captain of the England Test Cricket team in July 2020?
Fruit cracking is due to the deficiency of:
Who was appointed as the 24th Chief of Naval Staff in May 2019?
Through what financial mechanism did Bank of India (BoI) recently secure ₹4,500 crore by issuing approximately 44.91 crore equity shares at an issue p...