3616. Which of the following is rate of interest the major international banks charge each other for borrowings ?

A. New York Interbank Offered Rates (NIBOR)
B. international Interbank Offered Rates (IOBOR)
C. London Interbank Offered Rate (LIBOR)
D. USA Interbank Offered Rate (UIBOR)
✅ The correct answer is option C.

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