According to government what is nominal interest rate india
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Answered by
9
Answer:
HELLO DEAR !!!
GUD NOON ♥
ACCORDING TO THE GOVERNMENT NOMINAL INTEREST RATE IN INDIA MEANS
THE INTEREST RATE BEFORE TAKING INFLATION INTO ACCOUNT...FINALLY THE FEDERAL FUNDS RATE , THE INTEREST RATE SET BY THE FEDERAL RESERVE CAN ALSO BE REFERRED TO AS NOMINAL RATE
HOPE IT HELPS !!!
HVE A GRT DAY AHEAD ^o^
Answered by
11
Answer:
❤❤ Nominal interest rate refers to the interest rate before taking inflation into account . Nominal can also refer to the advertised or stated interest rate on a loan , without taking into account any fees ❤❤
Hope it helps ✌
Shreya ❤
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