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Banking General Awareness Reserve Bank of India Question Bank Previous Years Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    Interest on Savings deposit nowadays is _________.                                   [SBI 2013]

    A)  Fixed by RBI

    B)  Fixed by the respective Banks

    C)  Fixed by the Depositors

    D)  Fixed as per the contract between Bank and the Consumer Court

    E)  Not paid by the Bank

    Correct Answer: B

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