New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    Consider the following statements about Sukanya

    Samriddhi Yojana (SSY):  1.    Government recently raised the interest rates on SSY scheme by 20 basis points.  2.    SSY is a savings scheme launched in 2016.  3.     SSY is a savings scheme launched under the ''Beti Bachao Beti Padhao'' campaign.   Which of the statements given above is/are not correct?
    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 only Correct Answer Incorrect Answer
    C 2 only Correct Answer Incorrect Answer
    D 1 and 3 only Correct Answer Incorrect Answer

    Solution

    The Government recently raised the interest rates on the Sukanya Samriddhi Yojana (SSY) scheme by 20 basis points to 8.2 percent from the existing 8 percent.  SSY is a savings scheme launched in 2015 under the Government of India's '' Beti Bachao Beti Padhao'' campaign, which aimed to promote the education of girl children.  SSY is a small-deposit scheme tailored specifically for the girl child.   This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch.

    Practice Next

    Relevant for Exams: