Correct option is D
The Sukanya Samriddhi Yojana (SSY), a government-backed savings scheme, allows parents or guardians to open an account for a girl child anytime from her birth until she reaches the age of 10 years. There is also a one-year grace period allowed after the girl turns 10. The SSY scheme offers a high interest rate (currently around 8.2%) and is designed to encourage long-term savings for the girl's education and marriage.