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    Question

    Which of the following is not a feature of

    floating-rate savings bonds?
    A Fixed Interest Rate Correct Answer Incorrect Answer
    B No Maximum Investment Limit Correct Answer Incorrect Answer
    C Quarterly Interest Payments Correct Answer Incorrect Answer
    D Tenure of 7 Years Correct Answer Incorrect Answer
    E Linked to NSC Rates Correct Answer Incorrect Answer

    Solution

    Explanation: Floating-rate bonds have variable interest rates, unlike fixed-rate bonds.

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