New Delhi, July 4 -- In the current geopolitical scenario, where global equity markets are enduring difficult times due to the ongoing dispute between the US and Iran, fixed deposits (FDs) remain one of the most preferred investment options for individuals in the nation seeking easy, predictable returns.

This also calls for a proper analysis of how these fixed deposits can help investors in generating solid annual income. So that decision makers can make the best investment decisions, taking into account the impact of inflation.

Keeping this in mind, let us see whether a Rs.15 lakh fixed deposit can generate Rs.1 lakh in annual income. What will be the minimum interest rate required on such an FD to accomplish this objective? Can this t...