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What is the primary objective of the Sukanya Samriddhi Yojana (SSY)?

To provide financial security for boys

To encourage investment in the stock market

To secure the future of girl children

To promote small business startups

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What is the minimum age requirement for a girl child to be eligible for the SSY scheme?

5 years

10 years

15 years

18 years

Qn. 3 / 10

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Which of the following is a key benefit of the Sukanya Samriddhi Yojana?

Guaranteed high returns in the stock market

Tax deductions on investments

Subsidies for starting a new business

Free education for the girl child

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Where can an individual apply for the Sukanya Samriddhi Yojana?

Only through the Reserve Bank of India

Through select private companies

At participating banks and post offices

Exclusively through online platforms

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What is the minimum annual deposit required to maintain an active SSY account?

Rs. 100

Rs. 250

Rs. 500

Rs. 1000

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Under which section of the Income Tax Act can one claim deductions for contributions to the SSY?

Section 80C

Section 80D

Section 80E

Section 80G

Qn. 7 / 10

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What is the maturity period for the Sukanya Samriddhi Yojana?

10 years

15 years

18 years

21 years

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What is the maximum amount that can be invested annually in an SSY account?

Rs. 25,000

Rs. 50,000

Rs. 1,00,000

Rs. 1,50,000

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What is a key feature of the interest earned on the Sukanya Samriddhi Yojana?

It is subject to market fluctuations

It is fixed for the entire tenure

It is linked to the performance of specific stocks

It is tax-deductible

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Under what circumstances is premature withdrawal from an SSY account permitted?

To fund a family vacation

To purchase a new vehicle

For the girl child's marriage after turning 18

To invest in a more profitable scheme