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Banking Awareness · Q355

Banking Awareness MCQs for Banking exams, IBPS, SBI

Banking Awareness · Banking Awareness · question 355

Q355

As per the direction of RBI on 29 October 2013, the banks can pay rate of interest on Fixed deposits'?

A.
At intervals shorter than quarterly intervals also
Answer
B.
Pay on quarterly basis alone
C.
On half yearly basis only
D.
As per the direction of government of India

Answer: Option A

Solution

Answer: Option A
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