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    Account under 'Sukanya-Samriddhi Yojana' can be opened for a daughter aged:
    Question

    Account under 'Sukanya-Samriddhi Yojana' can be opened for a daughter aged:

    A.

    maximum 7 years

    B.

    maximum 8 years

    C.

    maximum 9 years

    D.

    maximum 10 years

    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.

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