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RBI Grade B Phase 1 PYP >> Jul 9, 2023 - Shift 2 >> General Awareness

Question :

As of June 2023, which of the following savings schemes offers the highest interest rate?

1. Mahila Samman Bachat Patra Scheme

2. Senior Citizen Savings Scheme

3. Sukanya Samriddhi Scheme

4. Post Office Monthly Income Scheme

5. National Savings Certificate Scheme

Correct Answer : 2
Solution :

As of June 2023, the Senior Citizen Savings Scheme (SCSS) offers the highest interest rate among the listed options, providing 8.2% per annum. This rate is higher compared to other popular savings schemes:

• Sukanya Samriddhi Scheme: 8.0% per annum

• National Savings Certificate (NSC): 7.7% per annum

• Post Office Monthly Income Scheme (POMIS): 7.4% per annum

• Mahila Samman Bachat Patra Scheme: 7.5% per annum

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Record Breaking Results in 2024-25 🎉

Niranjan Jain

Niranjan Jain

Rank #1

SBI PO

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Amit Mandal

Amit Mandal

Rank #1

IBPS PO

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S B Tanay Gaurav

S B Tanay Gaurav

Rank #1

RBI Gr. B

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Shubham Agrawal

Shubham Agrawal

Rank #1

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Manjot Singh

Manjot Singh

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Rohit Chadhar

Rohit Chadhar

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Shekhar Kumar

Shekhar Kumar

Rank #8

RBI Gr. B

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