Yearly Membership Plan @499 INR

Upcoming Olympiads

Log In Sign Up

Notification

Coming Soon

Welcome to the Current Affairs Section.

Welcome to the Current Affairs Section of BSC Academy. Get Daily & Latest Current Affairs 2021 for government job exams, UPSC, IAS/PCS, Banking, IBPS, SBI, RBI, SSC, Railway, UPPSC, BPSC, MPPSC, MPSC, KPSC, TNPSC, RPSC, UKPSC, APPSC and other competitive exams.

Trending Current Affairs

Tony Blair, Daniel Craig join Knighthood along UK scientists and medical chiefs

Monday January 3, 2022

Scientists and medical chiefs who have led Britain's response to the pandemic were awarded knighthoods on

Read More..

Oxfam India, Jamia Millia among over 6,000 entities in India to lose foreign funding licence

Monday January 3, 2022

IIT Delhi, Jamia Millia Islamia, Indian Medical Association and Nehru Memorial Museum and

Read More..

Deployment of first regiment of S-400 to be completed next month

Monday January 3, 2022

The Indian Air Force is likely to complete the deployment of the first regiment of the S-400 Triumf

Read More..

GST Council defers textiles rate hike, refers it to ministers’ group

Monday January 3, 2022

Following opposition from traders and several states, the

Read More..

Interest rates on small savings schemes unchanged for fourth quarter of FY'22

Monday January 3, 2022

The government has kept interest rates on small savings schemes, including NSC and PPF, unchanged for the

Read More..

Interest rates on small savings schemes unchanged for fourth quarter of FY'22

The government has kept interest rates on small savings schemes, including NSC and PPF, unchanged for the fourth quarter of 2021-22 amid rising cases of the more contagious coronavirus variant Omicron and elevated level of inflation.

The decision also comes ahead of assembly elections in five states -- Uttar Pradesh, Uttarakhand, Punjab, Himachal Pradesh and Goa. The schedule of elections is expected to be announced early next month.

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well.

Uttar Pradesh is the second highest contributor to the small savings scheme after West Bengal. Earlier this year, during the West Bengal assembly polls, the Centre decided to reduce the interest rate.

But the finance ministry swiftly revoked a steep interest rate cut of up to 1.1 per cent for the first quarter on small savings schemes, citing oversight.

As a result, the first quarter rates were retained at the level of the fourth quarter of the last financial year. The cut was touted as the steepest cut in many decades.

Interest rates for small savings schemes are notified on a quarterly basis. One-year term deposit scheme will continue to earn an interest rate of 5.5 per cent during the second quarter of the current fiscal, while the girl child savings scheme Sukanya Samriddhi Yojana account will earn 7.6 per cent.

The interest rate on the five-year senior citizens savings scheme would be retained at 7.4 per cent. The interest on the senior citizens' scheme is paid quarterly. Interest rate on savings deposits will continue to be 4 per cent per annum.

Term deposits of one to five years will fetch an interest rate in the range of 5.5-6.7 per cent, to be paid quarterly, while the interest rate on five-year recurring deposits will earn a higher interest of 5.8 per cent.

KL Rahul to lead India in ODI series against S Africa after Rohit ruled out, Bumrah vice captain

Monday January 3, 2022

Captain Rohit Sharma was ruled out of India's upcoming ODI series in South Africa due

Read More..

Amir Subhani is Bihar's first chief secretary from minority group

Monday January 3, 2022

Chief minister Nitish Kumar appointed 1987-batch IAS officer Amir Subhani as

Read More..

Samajwadi Party leader Shatarudra Prakash joins BJP

Monday January 3, 2022

In a setback to the Samajwadi Party (SP), its MLC and

Read More..

Latest MCQs (Datewise)

Monthly GA MCQs JAN-2022

Current Affairs MCQs for IBPS Clerk Main Exam

Other Links

Coming Soon