Q143
LIBOR refers
A.
London Inter Bank Offered Rate
AnswerB.
London International Bank Offered Rate
C.
London interest for Bank offering Rate
D.
London Interest Bond off shore Rate
Answer: Option A
Solution
Answer: Option A
Solution:
LIBOR refers to London Inter Bank Offered Rate. The London Interbank 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.