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Question

What is the interest rates of Sukanya Samriddhi Yojana, a government-backed small savings scheme for the benefit of girl child?

A 7.4% Correct Answer Incorrect Answer
B 7.6% Correct Answer Incorrect Answer
C 8.2% Correct Answer Incorrect Answer
D 7.9% Correct Answer Incorrect Answer
E 6.3% Correct Answer Incorrect Answer

Solution

Sukanya Samriddhi Yojana, is a part of the Beti Bachao, Beti Padhao Yojana and can be opened by the parents of a girl child below the age of 10. It can be opened at designated banks or post offices. Account has a tenure of 21 years or until the girl child marries after the age of 18. The minimum deposit amount is Rs 250 and it has an interest rate of 7.6% p.a.

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