Q. What is the full form of MIBID ?
Answer: Mumbai Interbank Bid Rate
Notes: The full form of MIBID is Mumbai Interbank Bid Rate. It is the rate at which banks in Mumbai are willing to lend to one another. Established in the early 1990s, MIBID is part of the Indian money market and serves as a benchmark for short-term interest rates in India. It reflects the liquidity conditions in the banking system.