What is the term for the interest rate that is adjusted for the effect of inflation?

سود کی شرح کی اصطلاح کیا ہے جو افراط زر کے اثر کے لیے ایڈجسٹ کی جاتی ہے؟

Nominal interest rate

Real interest rate

Effective interest rate

Fixed interest rate

The real interest rate is the interest rate adjusted for inflation.

It representing the actual purchasing power of the interest earned.

Rather than just the nominal value.