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What is the full form of "LIBOR"?

A. Labour Of Indian Board Organised Regulator

B. Loan Income Bank Of Redundancy

C. Leverage Incentive Bill Of Rate

D. London Inter-bank Offered Rate

Answer: Option D

Solution (By Examveda Team)

The London Inter-bank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans.

This Question Belongs to Abbreviations >> Business Abbreviations

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