2021 · Q44
Under Sukanya Samriddhi Yojana, what is the maximum amount that can be deposited during a financial year?
Current Events and Developmental IssuesNational current affairs
- A₹ 1.5 lakh
- B₹ 1 lakh
- C₹ 2 lakh
- D₹ 2.5 lakh
Explanation
Under Sukanya Samriddhi Yojana, a parent or guardian may deposit a minimum of ₹250 and a maximum of ₹1.5 lakh per financial year in the account of a girl child below 10 years of age. Deposits beyond ₹1.5 lakh in a year earn no interest, and the account matures 21 years after opening. Hence the maximum annual deposit is (A) ₹1.5 lakh.