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Question

RBI Bonds Scheme will be replaced by _____% Savings Bond Scheme.

A 5.5% Correct Answer Incorrect Answer
B 6.5% Correct Answer Incorrect Answer
C 7% Correct Answer Incorrect Answer
D 7.75% Correct Answer Incorrect Answer
E 8.5% Correct Answer Incorrect Answer

Solution

The 8 percent Savings Bonds Scheme, also known as RBI Bonds Scheme, is not being closed but is being replaced by 7.75 percent 'Savings Bonds Scheme'.

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