{"id":27928,"date":"2024-12-09T16:57:28","date_gmt":"2024-12-09T11:27:28","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=27928"},"modified":"2024-12-09T16:57:30","modified_gmt":"2024-12-09T11:27:30","slug":"secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/","title":{"rendered":"Secured Overnight Rupee Rate (SORR) Introduction by RBI \u2013 Enhancing Financial Market Transparency"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#RBI_Introduces_Secured_Overnight_Rupee_Rate_SORR\" >RBI Introduces Secured Overnight Rupee Rate (SORR)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#Why_This_News_is_Important\" >Why This News is Important<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#Key_Takeaways_from_%E2%80%98RBI_Introduces_Secured_Overnight_Rupee_Rate_SORR\" >Key Takeaways from &#8216;RBI Introduces Secured Overnight Rupee Rate (SORR)&#8217;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#1_What_is_the_Secured_Overnight_Rupee_Rate_SORR\" >1. What is the Secured Overnight Rupee Rate (SORR)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#2_Why_has_the_RBI_introduced_the_SORR\" >2. Why has the RBI introduced the SORR?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#3_How_is_the_SORR_different_from_other_interest_rates_like_MIBOR\" >3. How is the SORR different from other interest rates like MIBOR?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#4_Who_will_benefit_from_the_introduction_of_SORR\" >4. Who will benefit from the introduction of SORR?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#5_How_will_the_RBI_monitor_the_SORR\" >5. How will the RBI monitor the SORR?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/secured-overnight-rupee-ratelearn-about-the-newly-introduced-secured-overnight-rupee-rate-sorr-by-rbi-a-key-benchmark-for-indias-overnight-money-market-understand-its-significance-in-enha\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_Introduces_Secured_Overnight_Rupee_Rate_SORR\"><\/span><strong>RBI Introduces Secured Overnight Rupee Rate (SORR)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Reserve Bank of India (RBI) recently introduced the Secured Overnight Rupee Rate (SORR) as a new benchmark for the overnight money market in India. This move aims to enhance transparency and improve the functioning of the money market, making it more robust and resilient to financial shocks. The SORR will serve as an important reference rate for financial transactions, particularly for short-term borrowing and lending among banks and financial institutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is the Secured Overnight Rupee Rate (SORR)?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The SORR is a new reference rate that reflects the cost of borrowing in the overnight segment of the money market, secured by collateral in the form of government securities. It is an important development that is expected to better reflect the true cost of overnight borrowing in India\u2019s banking system. The rate will be calculated using actual transactions in the repo market, where participants engage in short-term borrowing using government securities as collateral.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How Will SORR Impact India\u2019s Financial Market?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of SORR is a significant step towards improving the depth and efficiency of India\u2019s financial markets. By relying on secured transactions, the rate provides a more accurate measure of the actual cost of borrowing in the overnight market. Additionally, it will help banks and financial institutions price their transactions more effectively and with greater precision. This is expected to foster greater liquidity in the market, reduce risks associated with interest rate fluctuations, and support overall financial stability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is the Role of the RBI in SORR?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The RBI plays a crucial role in ensuring that the SORR is reflective of market conditions and remains an accurate benchmark for financial transactions. The central bank will monitor the calculation of the rate, ensuring it aligns with actual market activity. Furthermore, the RBI\u2019s decision to introduce this rate demonstrates its commitment to enhancing the functioning of the Indian financial system, supporting a more stable and transparent money market.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"Secured-Overnight-Rupee-Rate-introduction\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/12\/Secured-Overnight-Rupee-Rate-introduction-1.jpg\" alt=\"Secured Overnight Rupee Rate introduction\n\" class=\"wp-image-27948\" width=\"641\" height=\"360\" title=\"Secured Overnight Rupee Rate introduction\"\/><figcaption class=\"wp-element-caption\">Secured Overnight Rupee Rate introduction<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span><strong>Why This News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Promoting Transparency in India\u2019s Money Market<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of the Secured Overnight Rupee Rate (SORR) is a step forward in promoting transparency in the Indian money market. By using actual market transactions for its calculation, the rate offers a clear view of the true cost of borrowing. This will make financial markets more accessible and predictable for market participants, ensuring fairer pricing for loans and securities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Enhancing Financial Market Efficiency<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SORR is expected to boost the efficiency of India\u2019s financial markets by providing a reliable reference rate for short-term borrowing and lending. The rate will facilitate better liquidity management for banks, financial institutions, and corporates, which is crucial for maintaining smooth operations in the economy. This, in turn, will make the financial system more resilient to external shocks and domestic challenges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Supporting Monetary Policy Implementation<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the introduction of SORR, the RBI will be able to better assess and influence overnight interest rates in the money market. This will support the central bank\u2019s efforts to implement monetary policy more effectively. By using a more accurate and transparent benchmark, the RBI will have greater control over short-term borrowing rates, which can help in managing inflation and promoting economic stability.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The concept of a benchmark interest rate is not new to the financial world. Central banks globally use similar rates to determine borrowing costs in the interbank market, which is critical for the overall health of the economy. In India, the RBI has been using the Mumbai Interbank Outright Rate (MIBOR) as a reference rate for several years. However, the introduction of SORR marks a shift towards a more secure and collateralized system, akin to international practices seen in markets like the US and Europe, where secured overnight rates are common.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of SORR comes at a time when the RBI is focused on strengthening the Indian financial markets and ensuring better regulation of overnight borrowing. This is part of a broader effort to enhance market transparency and create a more robust and competitive financial ecosystem in the country.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%98RBI_Introduces_Secured_Overnight_Rupee_Rate_SORR\"><\/span><strong>Key Takeaways from &#8216;RBI Introduces Secured Overnight Rupee Rate (SORR)&#8217;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>S.No<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>The RBI introduced the Secured Overnight Rupee Rate (SORR) to improve transparency in India\u2019s money market.<\/td><\/tr><tr><td>2<\/td><td>SORR is based on secured borrowing transactions, using government securities as collateral.<\/td><\/tr><tr><td>3<\/td><td>The rate will provide a more accurate benchmark for overnight borrowing costs in India\u2019s financial system.<\/td><\/tr><tr><td>4<\/td><td>By relying on actual market transactions, SORR will improve the pricing of financial transactions.<\/td><\/tr><tr><td>5<\/td><td>The introduction of SORR is part of RBI&#8217;s effort to enhance the resilience and stability of India&#8217;s financial markets.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Secured Overnight Rupee Rate introduction<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_Secured_Overnight_Rupee_Rate_SORR\"><\/span><strong>1. What is the Secured Overnight Rupee Rate (SORR)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Secured Overnight Rupee Rate (SORR) is a benchmark interest rate introduced by the Reserve Bank of India (RBI) to reflect the cost of borrowing in the overnight money market. It is calculated using secured transactions, where borrowing is backed by collateral in the form of government securities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Why_has_the_RBI_introduced_the_SORR\"><\/span><strong>2. Why has the RBI introduced the SORR?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The RBI introduced the SORR to enhance transparency, improve efficiency, and provide a more accurate measure of the cost of overnight borrowing in India&#8217;s financial system. It aims to create a more secure and resilient money market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_How_is_the_SORR_different_from_other_interest_rates_like_MIBOR\"><\/span><strong>3. How is the SORR different from other interest rates like MIBOR?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike MIBOR (Mumbai Interbank Outright Rate), which is based on unsecured borrowing, SORR is based on secured transactions, where borrowing is collateralized with government securities. This makes the rate more reflective of actual market conditions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Who_will_benefit_from_the_introduction_of_SORR\"><\/span><strong>4. Who will benefit from the introduction of SORR?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Banks, financial institutions, and corporates will benefit from the SORR as it provides a more accurate benchmark for short-term borrowing and lending. This can help them in pricing loans, managing liquidity, and reducing risks related to interest rate fluctuations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_How_will_the_RBI_monitor_the_SORR\"><\/span><strong>5. How will the RBI monitor the SORR?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The RBI will monitor the calculation of the SORR to ensure it reflects actual market transactions. The central bank will ensure that the rate remains accurate, transparent, and aligned with market activity, providing a reliable reference for financial transactions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports 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100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>RBI Introduces Secured Overnight Rupee Rate (SORR) The Reserve Bank of India (RBI) recently introduced the Secured Overnight Rupee Rate (SORR) as a new benchmark for the overnight money market in India. This move aims to enhance transparency and improve the functioning of the money market, making it more robust and resilient to financial shocks&#8230;.<\/p>\n","protected":false},"author":6,"featured_media":27949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,14],"tags":[1689,2246,267,6812,18059,339,18058,18057],"class_list":["post-27928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-banking","tag-financial-markets","tag-financial-transparency","tag-indian-economy","tag-interest-rates","tag-money-market","tag-rbi","tag-rbi-policies","tag-sorr"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/27928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=27928"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/27928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/27949"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=27928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=27928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=27928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}