What are the RBI guidelines for the development of Interest Rate Swaps (IRS)?

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Q 1529578411.     What are the RBI guidelines for the development of Interest Rate Swaps (IRS)?

A

Banks can use IRS for hedging and Trading both

B

MIFOR is a benchmark for IRS

C

Under ISDA agreement Banks can opt for dual jurisdiction i.e., Indian as well as common law

D

All of the above

E

None of the above

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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