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Rate which is used in major banks in United States as...

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International Finance and Treasury
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Rate which is used in major banks in United States as a rate for industrial and commercial loans is

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Correct Answer: Option B
Rate which is used in major banks in United States as a rate for industrial and commercial loans is London interbank offered rate. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market.
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