Question

According to government what is nominal interest rate india

Answer 1

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^

Answer 2

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 ❤