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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