BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If minimum Rs____is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/-per year with minimum amount required for deposit for that year in Sukanya Samriddhi Accounts?
A
Rs 2000/
B
Rs 1000/
C
Rs 3000/
D
Rs 5000/-
Explanation: 

Detailed explanation-1: -What is the minimum annual deposit amount required for Sukanya Samriddhi Scheme? The minimum deposit amount required per annum is Rs.250.

Detailed explanation-2: -Minimum deposit ₹ 250/-Maximum deposit ₹ 1.5 Lakh in a financial year.

Detailed explanation-3: -You can make any number of deposits in a year. But, if you fail to make the minimum investment in a given year, your account will be discontinued. You can reactivate the account though by paying a penalty of ₹50 and submitting the minimum deposit amount.

Detailed explanation-4: -Eligibility for Sukanya Samriddhi Yojana The Sukanya Samriddhi Yojana account can be opened in the name of a girl child, by her parents or legal guardians, any time before the girl child attains 10 years of age.

There is 1 question to complete.