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<html><body><h2 id="content-id-0638529417-2"><b>Economics Questions Overview</b></h2><p>Economics Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Economics Questions.</p><h2 id="content-id-7820491653-3"><b>Question On Economics </b></h2>Which one of these functions in a similar way in India as LIBOR does in London?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 30 Seconds </h3></div></div><h2 id="content-id-3562418709-4"><b> Economics Questions Options</b></h2><ol><li><p><span style="font-size:14px">NPCI</span></p>
</li><li><p><span style="font-size:14px">MIBOR</span></p>
</li><li><p><span style="font-size:14px">CIBIL</span></p>
</li><li><p><span style="font-size:14px">BSE</span></p>
</li></ol> <h2 id="content-id-9256308714-5"><b> Economics Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 2</strong> i.e. <strong>MIBOR.</strong></span></p>

<ul>
	<li><span style="font-size:14px">MIBOR stands for Mumbai Interbank Offer Rate. It is the rate of interest at which banks can borrow money from other Indian interbank markets.</span></li>
	<li><span style="font-size:14px">It was formed in 1998 and the benchmark interest rate is decided by NSE (National Stock Exchange).</span></li>
	<li><span style="font-size:14px">LIBOR stands for London Inter-bank Offered Rate and works in a similar fashion as MIBOR. It is the rate which is agreed upon by the topnotch banks in London which they will pay in case they borrow from each other.</span></li>
</ul>
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The correct answer is option 2 i.e. MIB - Economics Questions are asked in Ssc Chsl exams and your question has been explained by experts like Neetu Mam.

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