11.hat is the total tenure of a Sukanya Samriddhi Account?
A. 15 years
B. 18 years
C. 21 years from opening
D. Until marriage
The correct answer is: C
12.Deposit under SSAS is allowed for how many years?
A. 15
B. 10
C. 20
D. 21
The correct answer is: A
13.Tax benefit on SSAS deposits is available under which section?
A. 10A
B. 24
C. 80C
D. 80G
The correct answer is: C
14.What is the tax treatment of SSAS on maturity?
A. Fully taxable
B. Principal exempt, interest taxable
C. EET – Exempt-Exempt-Taxable
D. EEE – Fully tax exempt
The correct answer is: D
15.Who operates the account before the girl turns 18?
A. Bank staff
B. Mother only
C. Guardian
D. Local authority
The correct answer is: C
16.Who operates the account after the girl turns 18?
A. Guardian
B. Either girl or guardian
C. Girl child herself
D. Post Office
The correct answer is: C
17.Premature closure is NOT allowed within first ___ years of opening
A. 5
B. 3
C. 1
D. 10
The correct answer is: A
18.Premature closure is permitted after death of:
A. Girl child only
B. Guardian only
C. Girl child or on compassionate grounds (life-threatening illness, guardian’s death)
D. Not permitted at all
The correct answer is: C
19.In case of premature closure after death, what interest is paid?
A. No interest
B. Scheme interest
C. FD interest
D. POSA interest till date of closure
The correct answer is: D
20.Maximum withdrawal allowed after the girl turns 18 or passes class 10 is:
A. 100%
B. 75%
C. 50%
D. ₹1 lakh
The correct answer is: C
