The rate which is used in major banks in United States as a rate for industrial and commercial loans is Options: A . &nbspLondon intra bank offered rate B . &nbspLondon interbank offered rate C . &nbspeuro interbank offered rate D . &nbspdemand intra bank rate

The rate which is used in major banks in United States as a rate for industrial

Question

The rate which is used in major banks in United States as a rate for industrial and commercial loans is

Options:

A . London intra bank offered rate

B . London interbank offered rate

C . euro interbank offered rate

D . demand intra bank rate

Answer: Option B
Answer: (b).London interbank offered rate

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