Start learning →

Interest rates can be negative when who is charged?

AA borrower of a loan
BA shop selling goods
CA tax-office clerk
DA lender with deposits
Answer & Solution
Correct answer: D. A lender with deposits
1. A normal rate pays the depositor. 2. A negative rate reverses this, so money costs to deposit. 3. Borrowers, shops and tax collectors are not the ones charged. _Source: Wikipedia, Negative number, Finance_
Practise this question with Quill — CTET →

Keep practising Negative Number

Browse all Negative Number questions for CTET, or explore more Mathematics topics.

Start a Negative Number lesson →