Consider the following statements with respect to "Sukanya Samriddhi Scheme":

  1. The scheme is open only for girls below 10 year of age.
  2. A parent can open an account for a maximum of two daughters.
  3. The account gets matured when the girl turns 18

Which of the above statements is/are correct?

Answer: [A] Only 1 & 2

Third statement is incorrect because the account matures when the girl turns 21, though up to 50% of the corpus can be withdrawn after she is 18 or gets married.

This question is a part of GKToday's Integrated IAS General Studies Module