Answer Posted / debashis
IT MAY NOT BE LIBOUR. AS FAR AS I KNOW IT MAY BE LIBOR.
WHICH MEANS LONDON INTERBANK OFFERED RATE.
IT A DAILY REFERENCE RATE ON THE BASIS OF INTEREST RATE AT
WHICH BANK OFFER TO LEND TO UNSECURED FUNDS.
| Is This Answer Correct ? | 45 Yes | 6 No |
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