LIBOR - Banking awareness questions on current affairs

1)   What is the full form of LIBOR?

a. Local Indian Bank Offered Rate
b. London-India Bureau Of Regulations
c. Liberal International Bank Official Ratio
d. London Inter Bank Offered Rate
Answer  Explanation 

ANSWER: London Inter Bank Offered Rate

Explanation:
The London Inter Bank Offered Rate is the average interest rate estimated by leading banks in London.

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