What is the interest rate on the Senior Citizens Savings Scheme for the second q

Question

What is the interest rate on the Senior Citizens Savings Scheme for the second quarter (July-Sept) of 2021-22?

Options:

A . 7.4%

B . 7.7%

C . 7.1%

D . 7.9%

Answer: Option D

The Government of India has announced that the rate of interest on Small Savings Schemes for the second quarter (July-Sept) of 2021-22 will remain unchanged at 7.9% as the last quarter (April-June) of 2021-2022.

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