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    Question

    Consider the following statements about Sukanya

    Samriddhi Yojana (SSY):┬а 1.┬а┬а┬а Government recently raised the interest rates on SSY scheme by 20 basis points.┬а 2.┬а┬а┬а SSY is a savings scheme launched in 2016.┬а 3.┬а┬а ┬а SSY is a savings scheme launched under the ''Beti Bachao Beti Padhao'' campaign.┬а┬а Which of the statements given above is/are not correct?
    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 only Correct Answer Incorrect Answer
    C 2 only Correct Answer Incorrect Answer
    D 1 and 3 only Correct Answer Incorrect Answer

    Solution

    The Government recently raised the interest rates on the Sukanya Samriddhi Yojana (SSY) scheme by 20 basis points to 8.2 percent from the existing 8 percent.┬а SSY is a savings scheme launched in 2015 under the Government of India's '' Beti Bachao Beti Padhao'' campaign, which aimed to promote the education of girl children.┬а SSY is a small-deposit scheme tailored specifically for the girl child. ┬а This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch.

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