Qus : Interest 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>