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Question Practice

How does the interest rate differ between savings deposits and loans?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Banks and the Magic of Finance
Question Bank

How does the interest rate dif...

Single Answer MCQ
Q-00131315

How does the interest rate differ between savings deposits and loans?

1

Loans have lower rates

2

Deposits and loans have the same rates

3

Deposits have higher rates

4

Loans have higher rates

Previous QuestionNext Question
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