Answer-<p>What is the floating rate saving bond?</p>

RBIrsquos Floating Rate Savings Bonds 2020 are bonds issued by the Government of India, with an interest rate of 7.15 percent.The interest rate on these bonds will be reset every six months

Question

What is the floating rate saving bond?

A bonds issued by the Government of India,

B bonds issued by the IMF

C bonds revised every year

D bonds issued by commercial bank

E None of the above.

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What is the floating rate saving bond?

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