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.Related Questions on Business Abbreviations
What is the full form of "B2C"?
A. Business Consortium
B. Bank to Consumer
C. Banking to Commodity
D. Business to Consumer
What is the full form of "SEBI"?
A. Sales Exchange Board of India
B. Sales Enterprise Business Inflation
C. Security Board of India
D. Securities and Exchange Board of India
What is the full form of "PLR"?
A. Profit Lending Rate
B. Prime Lending Rate
C. Private Lending Ratio
D. Profit Liability Return
What is the full form of "OPEC"?
A. Organisation of Petroleum Exporting Countries
B. Average Annual Growth Rate
C. Sensitivity Index
D. Indian Oil Corporation
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