Previous Year SSC CHSL 2017 Tier I Questions

Home
General Knowledge
in-2015-the-nominal-rate-of-interest-in-country-was-and-the-inflation-rate-then-was-so-real-rate-of-interest-in-2015-was

Question

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]

junior administrative assistant jaa test series