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| EPFO cuts interest rate for 2021-22 from 8.5% to 8.1% lowest in 43 years | Daily Current Affairs Dose |
Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is EPFO cuts interest rate for 2021-22 from 8.5% to 8.1% lowest in 43 years.
Our Daily Current Affairs Dose 2022 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams
EPFO cuts interest rate for 2021-22 from 8.5% to 8.1% lowest in 43 years | Daily Current Affairs Dose
This is the lowest interest rate in the last 43 years. EPFO had credited 8.0% as interest rate in 1977-78.
The apex decision body of EPFO has taken this decision in the 230th meeting of the Central Board of Trustees. The Central Board recommended that 8.10 per cent annual rate of interest be credited in subscribers accounts.
Read Also: Union Budget 2022-23: PDF in Hindi and English Both Language Available Here For UPSC, IAS Exams
Important facts for upcoming exams from the above Current Affairs Topic
- President of India: Ram Nath Kovind
- Vice President of India: Venkaiah Naidu
- Prime Minister of India: Narendra Modi
- Chief Justice of India: N. V. Ramana
- Lok Sabha Speaker of India: Om Birla
- Capital of India: New Delhi
- Largest city of India: Mumbai
- Official languages of India: Hindi / English
- Currency of India: Indian rupee (₹) (INR)
- Total Population of India 2018 estimate: Neutral increase 1,352,642,280
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