Recently, by what percentage have the interest rates in Recurring Deposits been increased?

Question

Recently, by what percentage have the interest rates in Recurring Deposits been increased?

A. 6.7%

B. 6.5%

C. 5.4%

D. 3.7%

Correct Answer :

B. 6.5%

The government has announced an increase in interest rates on select savings schemes for the July-September quarter. RD holders will now receive 6.5 percent interest during the second quarter of the current fiscal, compared to the previous 6.2 percent.

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Recently, by what percentage have the interest rates in Recurring Deposits been increased?

Correct Answer :

Show all Current Affairs July 2023 MCQ

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