CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the fixed interest rate of the ‘Mahila Samman Bachat Patra’ announced recently?
A
6.5%
B
7.0%
C
7.5%
D
8.0%
Explanation: 

Detailed explanation-1: -This will offer deposit facility up to Rs. 2 lakh in the name of women or girls for a tenor of 2 years at fixed interest rate of 7.5 per cent with partial withdrawal option. “ The scheme has a two-year term i.e., up to March 2025 and a 7.5 percent annual interest rate, with the option of partial withdrawal. 1.

Detailed explanation-2: -It is a one-time scheme that can be opened in the name of a woman or girl of any age. Mahila Samman Savings Certificate will be available for a two-year period between 2023 and 2025. It offers a fixed interest rate of 7.5 per cent for a tenure of two years.

Detailed explanation-3: -Here’s a quick look at interest rates and investment details. The two-year tenure scheme offers an attractive and fixed interest of 7.5 per cent interest. The scheme has flexible investment and partial withdrawal options with a maximum limit of Rs 2 lakh.

Detailed explanation-4: -The maximum investment in this scheme is Rs 15 lakh for a period of 551 days, and the effective rate of interest offered on this scheme is 6.90 per cent for women who make their FD bookings online, and 6.65 per cent if done offline.

There is 1 question to complete.