Question

Finance Ministry increased interest rates for non-governmental provident funds, gratuity and superannuation on 13th October 2018. The increased interest rate is;
A.0.08
B.0.083
C. 0.075
D.0.087

Answer 1

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gratuity and superannuation to 8 percent from existing 7.6 percent.

Also the interest rates for small savings schemes has been hiked by 40 basis points.



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