Report Bug

QusInterest on FDRs is compounded on Qusएफडीआर पर ब्याज चक्रवृद्धि है


A. Monthly basis
B. Quarterly basis
C. Half yearly basis
D. Yearly basis


Solution
B. Quarterly basis



Explanation
<ul><li><span style="font-size: 14px;">Most banks (especially in India) compound FD/FDR interest every 3 months.</span></li><li><span style="font-size: 14px;">The final maturity amount depends on the interest rate and compounding frequency.</span></li><li><span style="font-size: 14px;">Some special FDs may have simple interest (for short terms), but standard FDRs use quarterly compounding.</span></li></ul>
Latest Current Affairs 2026 Online Exam Quiz for One day Exam Online Typing Test CCC Online Test Python Programming Tutorials Best Computer Training Institute in Prayagraj (Allahabad) Online MBA 2 years Online MCA Online BCA Best Website and Software Company in Allahabad