21.Withdrawal from SSAS requires proof of:
A. Marriage registration
B. Medical emergency
C. Guardian’s income
D. Admission offer or fee receipt
[show_answer]The correct answer is: D [/show_answer]
22.Withdrawal under SSAS is allowed in:
A. One lump sum only
B. Monthly installments
C. Up to 1 installment/year for max 5 years
D. No fixed limit
[show_answer]The correct answer is: C [/show_answer]
23.Account closure is permitted after the girl child’s marriage if she is above:
A. 18 years
B. 17 years
C. 16 years
D. 21 years
[show_answer]The correct answer is: A [/show_answer]
24.Premature closure for marriage can be done between:
A. 6 months before to 6 months after
B. 1 month before to 3 months after marriage
C. On exact date of marriage only
D. Anytime after 18 years
[show_answer]The correct answer is: B [/show_answer]
25.On final closure, the balance is paid to:
A. Guardian
B. Postmaster
C. Girl child account holder
D. Government fund
[show_answer]The correct answer is: C [/show_answer]
26.What form is used for closure of SSAS?
A. Form-1
B. Form-3
C. Form-4
D. No form required
[show_answer]The correct answer is: C [/show_answer]
27.A girl child aged 11 can open an SSAS account.
A. True
B. False
[show_answer]The correct answer is: B [/show_answer]
28.Deposits under SSAS can be made in:
A. Any amount
B. Multiples of ₹5
C. ₹250 to ₹1.5 lakh annually
D. Only fixed deposits allowed
[show_answer]The correct answer is: C [/show_answer]
29.Who verifies the affidavit in case of triplets?
A. Local panchayat
B. Hospital
C. Post Office
D. Guardian affidavit required with medical proof
[show_answer]The correct answer is: D [/show_answer]
30.After account maturity, the interest is:
A. Paid at FD rate
B. Paid at POSA rate
C. Paid till closure
D. Not paid at all
[show_answer]The correct answer is: C [/show_answer]
