Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 421)

2023-07-01 Economy

421.

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

6.7%

6.5%

5.4%

3.7%

Answer: Option

Explanation:

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.