Centre has kept the interest rate on the Public Provident Fund Scheme unchanged for Q1 of FY23. What is the rate?
Options:
A . 7.6%
B . 5.8%
C . 7.1%
D . 6.2%
Answer: Option C
According to the report, Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter.
