Start learning 50% faster. Sign in now
Explanation: Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl children. The scheme encourages parents to build a fund for the future education of their female child. Account can be opened in the name of a girl child till she attains the age of 10 years. A girl child is eligible for this account only if she is a resident Indian citizen when the account is opened, and remains so until the maturity or the closure of account. Only one account can be opened in the name of a girl child. Features: • Account can be opened in Post office and branches of authorised banks. • Account can be opened with a minimum of Rs. 250 and thereafter any amount in multiple of Rs. 100 can be deposited. A minimum of Rs. 250 must be deposited in a financial year. • Maximum Rs. 1,50,000 can be deposited in a financial year. • One withdrawal shall be allowed on attaining the age of 18 years of account holder to meet education expenses upto 50 % of the balance at the credit of preceding financial year. • The account can be transferred anywhere in India from one post office/bank to another. • The account shall mature on completion of 21 years from the date of opening of account or on the marriage of Account holder whichever is earlier.
Project PARI, initiated by the Ministry of Culture, seeks to:
What is the primary focus of the ASEAN-India Fund for Digital Future announced at the summit?
________ % vacancies reserved for ex-Agniveers in the recruitment of Constables/Riflemen in Central Armed Police Forces and Assam Rifles?
Which of the following is NOT a method used for crop yield assessment under PMFBY?
Which of the following is NOT a challenge faced by the BBBP scheme?
Which of the following points are ‘correct’ with respect to the National Disaster Management Authority (NDMA)?
Which of the following is the Implementing Agency of UJALA Scheme?
What is the new corporate identity of the National Highways Infra Trust (NHIT) launched by NHAI intended to depict?
Which of the following sectors is not part of the Industrial Index of Production ?
Central Consumer Protection Authority (CCPA) as a regulatory authority was established under which section of Consumer Protection Act of 2019?