Question 15
An individual has a nominal return of 12% on a fixed deposit. If the inflation rate is 7%, what is the "Real Rate of Return" (approximate)?
1.71%
4.67%
19.00%
8.40%
Question 15: An individual has a nominal return of 12% on a fixed dep…
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Correct answer
4.67%
Question 15 of 22 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 12 Apr 2026, in the January 2026 term (Strategies For Professional Indian Institute Of Technology, Madras - Bs In Data Science And Applications Growth 07 Apr 26). It carries 1 mark.
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