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Question

Identify the salient features of Sukanya Samridhi Yojana

Which of the above statements is/are incorrect


A

1 only

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B

2 and 4 only

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C

1 and 3 only

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D

None of these

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Solution

The correct option is C

1 and 3 only


This scheme encompasses all the girls of every economic strata under 10 years of age to open Sukanya Samridhi Account in Post offices and in the Banks. This account will be opened by girls parents or legal guardians. In the account, a minimum of one thousand Rupees and maximum of One lakh fifty thousand Rupees can be deposited annually, upon which interest of 9.1% will be accrued. When the girl child attains the age of 18 years, she herself would become eligible to operate the account. Under the scheme, the girl child can withdraw 50 per cent of the money after reaching age of 18 for higher education. The 18 years deadline will also help preventing child-marriages.


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