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Discussion :: National - Latest Current Affairs (Q.No.1123)

1123. 

What is the new interest rate set for PPF?

[A]. 9.2%
[B]. 3.4%
[C]. 7.8%
[D]. 6.8%

Answer: Option D

Explanation:

Rate of interest for Sukanya Samriddhi Account Scheme it has been reduced from 8.4 to 7.6%. Interest rate for Public Provident Fund reduced from 7.9 to 6.8%.

Sourabh said: (Apr 3, 2020)  
For PPF, the rate of interest is 7.1%.

Christopher Nolan said: (Apr 3, 2020)  
7.9% to 7.1%.

Prc said: (Apr 3, 2020)  
Public Provident Fund interest rates has been revised to 7.1%.

Lakshmi said: (Apr 19, 2020)  
Yes it's 7.1%.

Deepak said: (May 24, 2020)  
7.1% is correct.

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