Current Affairs - Politics - Discussion

Discussion Forum : Politics - Latest Current Affairs (Q.No. 148)
148.
The Union Government lowered interest rates on Small Savings Scheme by
0.1%
0.2%
0.3%
0.4%
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
2 comments Page 1 of 1.

Guru said:   8 years ago
It was a wow good answer.

Gopinath said:   8 years ago
The government has lowered interest rate on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi by 0.1 per cent for the July- September quarter, a move that will prompt banks to lower deposit rates.

The rates have been lowered by 0.1 per cent across the board compared to the April-June quarter. However, interest on savings deposits has been retained at 4 per cent annually.

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