Sukanya Samriddhi Yojana account can be opened by the parents of a girl child or legal guardians, any time before the girl child attains
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e.10 years of age.
- Sukanya Samriddhi Yojana was launched in 2015 under the Government of India's "Beti Bachao Beti Padhao" campaign which aimed to promote the education of girl children.
- It aims to build a fund of savings for the girl child with the interest accrued on maturity being exempt from income tax under Section 80C of the Income Tax Act.
- The account can be opened by the parents of a gurl child or legal guardians, any time before the girl child attains 10 years of age.