Question

    What is the interest rate set by the RBI for the

    Government of India Floating Rate Bonds (GOI FRB) 2035 for the period January 25, 2025, to January 24, 2030?
    A 6.50% Correct Answer Incorrect Answer
    B 6.60% Correct Answer Incorrect Answer
    C 6.66% Correct Answer Incorrect Answer
    D 6.75% Correct Answer Incorrect Answer
    E 7.00% Correct Answer Incorrect Answer

    Solution

    Explanation: The interest rate for GOI FRB 2035 has been set at 6.66% per annum for the specified period, based on the 5-year Government of India securities yield.

    Practice Next