Question 6

GAMCQ2 marksNeeds review
Since the last one year, after a 125 basis point reduction in repo rate by the Reserve Bank of India, banking institutions have been making a demand to reduce interest rates on small saving schemes. Finally, the government announced yesterday a reduction in interest rates on small saving schemes to bring them on par with fixed deposit interest rates.
Which one of the following statements can be inferred from the given passage?
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2019GA

GATE GG-1 2019 · Paper 1

Geology and Geophysics · Original paper archive

Section
General Aptitude
Question type
Multiple choice (MCQ)
Marks
2 marks

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