The Central government has increased the rate of interest on two small savings schemes for January-March 2024 quarter by up to 20 basis points.
- The rate of interest on the Sukanya Samriddhi Account Scheme has been raised by 20 basis points to 8.2 percent from 8 percent.
- Interest on the three-year time deposit has been increased by 10 basis points to 7.1 percent from 7.0 percent.
- All other small savings schemes will continue to offer the same rate of interest as they did in October-December quarter.
Q: What is the increased interest rate on the Sukanya Samriddhi Account Scheme for the January-March 2024 quarter?
a. 7.8 percent
b. 8.0 percent
c. 8.1 percent
d. 8.2 percent
Ans : d. 8.2 percent
