Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 289)

2024-02-12 Business

289.

What is the interest rate set by EPFO on employees' provident fund (EPF) deposits for the fiscal year 2023-24?

8.15%

8.25%

8.10%

8.5%

Answer: Option

Explanation:

EPFO has raised the interest rate on EPF deposits to 8.25% for the fiscal year 2023-24, marking a three-year high. This decision was made during a meeting of the Central Board of Trustees (CBT), signifying a marginal increase compared to previous years.