Question

Which of the following savings schemes provides the highest interest rate as of June 2023?

A Mahila Samman Bachat Patra scheme Correct Answer Incorrect Answer
B Senior Citizen Savings Scheme Correct Answer Incorrect Answer
C Sukanya Samriddhi Scheme Correct Answer Incorrect Answer
D Post Office Monthly Income Scheme Correct Answer Incorrect Answer
E National Savings Certificate scheme Correct Answer Incorrect Answer

Solution

The deposit made under these rules shall bear interest as directed by Govt of India from time to time quarterly.  At present it is 8.20% per annum with effect from 01.04.2023.

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