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Start learning 50% faster. Sign in nowThe Reserve Bank of India (RBI) has asked banks and financial institutions to adopt by July 1 a widely accepted Alternative Reference Rate, such as the Secured Overnight Financing Rate (SOFR), to complete the transition from the scandal-hit London Interbank Offered Rate (LIBOR) and Mumbai Interbank Forward Outright Rate (MIFOR). Banks and private companies were using LIBOR as the benchmark rate for raising funds abroad. It was a key benchmark for setting the interest rates charged on adjustable-rate loans, mortgages and corporate debt. New transactions are now predominantly undertaken using SOFR and the Modified Mumbai Interbank Forward Outright Rate (MMIFOR). SOFR is considered a more accurate and more secure pricing benchmark.
A manager who uses anchoring bias to make decisions is guilty of doing which of the following?
Which of the following is not an operational decision?
Fish-bowling is a variation of which of the following decision-making technique?
Manish is going on a vacation and needs to book a hotel. He shortlists 3 hotels and is now comparing them on basis of cost, facilities available and pro...
Which of the following theory states that people are averse to losses?
The _______ is a process used to arrive at a group opinion or decision by surveying a panel of experts.
_________ are mental shortcuts that allows people to solve problems and make judgments quickly and efficiently.