Q. With respect to the ‘Sukanya Samriddhi Yojana’, consider the following statements:
It is a time deposit scheme for girl child, launched as a part of the ‘Beti Bachao-Beti Padhao’ initiative in 2015.
It can be opened at any time from the birth of a girl child till she attains the age of 15 years.
The interest will not be payable if the girl becomes a Non-resident Indian (NRI) or a non-citizen.
Which of the statements given above is/are correct? Answer:
Only 3
Notes:
‘Sukanya Samriddhi Yojana’is a small deposit scheme for girl child, launched as a part of the ‘Beti Bachao-Beti Padhao’ initiative in 2015.
‘Sukanya Samriddhi Account’ (SSA)can be opened at any time from the birth of a girl child till she attains the age of 10 years.
The account requires a minimum deposit of Rs 250 and a maximum of Rs 1.5 lakh in a year.
The government determines the SSY scheme's interest rate is calculated quarterly and it is compounded annually. Currently, the interest rate has been reduced from 8.4% to 7.6%.
Interest not payable if the girl becomes a Non-resident Indian (NRI) or a non-citizen.
After 21 years of opening or, in the event of the marriage of the girl child after she gains the age of 18 years.