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Consider the following statements with reference to financial benchmarks: Mumbai Interbank Offer Rate (MIBOR) is the rate at which banks would like to borrow from other banks. Mumbai Interbank Bid Rate (MIBID) is the rate at which banks are willing to lend to other banks.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with reference to financial benchmarks: Mumbai Interbank Offer Rate (MIBOR) is the rate at which banks would like to borrow from other banks. Mumbai Interbank Bid Rate (MIBID) is the rate at which banks are willing to lend to other banks.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with reference to financial benchmarks: Mumbai Interbank Offer Rate (MIBOR) is the rate at which banks would like to borrow from other banks. Mumbai Interbank Bid Rate (MIBID) is the rate at which banks are willing to lend to other banks.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.

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