Previous Year SSC CHSL 2017 Tier I Questions

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In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

[A] 7.50%

[B] 4.50%

[C] 4%

[D] 0.25%

Answer & Explanation
Answer: Option [B]