Question

What is the interest rate calculation method for the Sukanya Samridhi Yojana, and how is the interest compounded?

A Simple interest is calculated annually, and it is compounded annually.
B Compound interest is calculated annually, and it is compounded quarterly.
C Simple interest is calculated quarterly, and it is compounded annually.
D Compound interest is calculated quarterly, and it is compounded annually.
E Compound interest is calculated annually, and it is compounded annually.
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