CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government has slashed the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana (SSY) from Rs 1, 000 to
A
Rs. 850
B
Rs. 750
C
Rs. 500
D
Rs. 250
Explanation: 

Detailed explanation-1: -The minimum deposit for government-backed small savings scheme for the girl child, Sukanya Samriddhi, has been slashed to ₹ 250 from ₹ 1, 000.

Detailed explanation-2: -Minimum deposit ₹ 250/-Maximum deposit ₹ 1.5 Lakh in a financial year. Account can be opened in the name of a girl child till she attains the age of 10 years. Only one account can be opened in the name of a girl child. Account can be opened in Post offices and in authorised banks.

Detailed explanation-3: -Deposit Criteria – A Sukanya Samriddhi Yojana in SBI can be opened with an initial deposit starting from as low as Rs. 250 per year and a maximum deposit of Rs. 1.5 lakh is allowed in a year. Deposits can be made through cash and/or cheques.

Detailed explanation-4: -To open a Sukanya Samriddhi Account, one needs to put in a minimum of ₹250 and maximum ₹1, 50, 000 in a financial year; subsequent deposits should be in multiples of 50. How to earn ₹66 lakh by investing ₹411 per day?

Detailed explanation-5: -A Sukanya Samriddhi Account can be opened any time after the birth of a girl child till she turns 10, where you will have to deposit a minimum of Rs 250. In subsequent years, a minimum of Rs 250 and a maximum of Rs 1.5 lakh can be deposited during the ongoing financial year.

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