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Harshit Porwal

· started a discussion

· 1 Months ago

decided by individual bank (Question: 192443.0 )

interest on saving bank account is decided by individual bank, not by RBI.

Question:

Interest payable on savings bank accounts is —

Options:
A)

not regulated by RBI.

B)

regulated by State Governments.

C)

regulated by Central Government.

D)

regulated by RBI.

E)

regulated by Finance minister.

Solution:

Ans: (d) Interest payable on savings bank accounts is regulated by RBI

Knowledge Expert

· commented

· 1 Months ago

Its regulated by RBI.
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