Question

Employees Provident Fund Organisation (EPFO) has slashed the interest rate on provident fund deposits to ______ % for 2021-22.

A 8.10 Correct Answer Incorrect Answer
B 8.20 Correct Answer Incorrect Answer
C 8.30 Correct Answer Incorrect Answer
D 8.40 Correct Answer Incorrect Answer
E 8.45 Correct Answer Incorrect Answer

Solution

Employees Provident Fund Organisation (EPFO) has slashed the interest rate on provident fund deposits to 8.10% for 2021-22. This rate is 0.4% lower than the previous year. The interest rate on PF deposits was 8.5% in 2020-21 and 2019-20.

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