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      Question

      What is the floating rate saving

      bond?
      A bonds issued by the Government of India, Correct Answer Incorrect Answer
      B bonds issued by the IMF Correct Answer Incorrect Answer
      C bonds revised every year Correct Answer Incorrect Answer
      D bonds issued by commercial bank Correct Answer Incorrect Answer
      E None of the above. Correct Answer Incorrect Answer

      Solution

      RBI’s 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

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