In terms of Reserve Bank of India (RBI) guidelines, Banks in India must pay a minimum interest on the balances held in Saving bank account at ?

In terms of Reserve Bank of India (RBI) guidelines, Banks in India mus

1.	In terms of Reserve Bank of India (RBI) guidelines, Banks in India must pay a minimum interest on the balances held in Saving bank account at ?
A.	4%
B.	3.50%
C.	5%
D.	6%
E.	7%
Answer» B. 3.50%