Interest on fdrs is compounded on

A. Monthly basis - मासिक आधार

B. Quarterly basis - तिमाही आधार पर

C. Half yearly basis - आधा वार्षिक आधार

D. Yearly basis - वार्षिक आधार पर

Correct Answer

B. Quarterly basis - तिमाही आधार पर

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>