BANKING GENERAL KNOWLEDGE
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Question
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What is the interest rate of Sukanya Samriddhi Accounts as on 01st January 2018?
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8.5% Per Annum
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8.3% Per Annum
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8.1% Per Annum
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8.7% Per Annum
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Explanation:
Detailed explanation-1: -Sukanya Samriddhi Yojana (SSY) is a savings scheme launched back in 2015 as part of the Government initiative Beti Bachao, Beti Padhao campaign. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch. SSY accounts offer 7.6% rate of interest.
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