What is the meaning of the abbreviation "LIBOR‘?

1. What is the meaning of the abbreviation "LIBOR‘?

[Officer (IT) 2016 [MCQ and Written] : 2016]

1. London Inter-Bank Official Rate

2. London Intra Bank Offered Rate

3. London Intra Bank Official Rate

4. London Indigenous Bank Official Rate

5. London Inter bank Offered Rate.

Answer

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