ibpsguide- the hindu analysis...sukanya samriddhi account is a government of india backed saving...
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IBPSGUIDE- THE HINDU ANALYSISInterrogative version (June 21th 2018)
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•Helping migrants is now a crime in
Hungary•CEA resigns, cites personal reasons
NATIONAL
•India’s first river interlinking project
caught in U.P.-M.P. tussle•
•Govt. clears ₹38,062 cr. in GST refunds
NZ women break T20I record
•Sukanya Samridhi Yojana•Part 1
INTERNATIONAL
STATE BUSINESS
SPORTS
BANKING TERM
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•A.R. Rahman as its Brand Ambassador of Sikkim•Rajasthan focuses on
waterbodies•Odisha to regulariseillegal constructions
Shillong bags Smart City tag
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Capital: BudapestCurrency: Forint
What is the capital and currency of Hungary?
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Chief Economic Adviser Arvind Subramanian was resigning, as he wished to return to the U.S. for personal reasons.
Name the Chief Economic Adviser who resigned recently?
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Another hurdle is a dispute over how Uttar Pradesh and Madhya Pradesh — the two beneficiaries — will share water in the Rabi season.
In which season MP and UP shares water?
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The Odisha government on Wednesday announced an amnesty scheme for unauthorised construction undertaken in nine major urban centres across the State.
What about the scheme?
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As the Smart Cities Mission enters its fourth year, the Centre has finally announced the 100th and the last city which will be part of the project: Shillong.
Which is the last and 100th smart city?
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New Zealand broke the record for the highest score in a women’s T20I — 216 for one — en route to beating South Africa by 66 runs at Taunton on Wednesday.
What is the record done by New Zealand?
Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl children. The scheme encourages parents to build a fund for the future education and marriage expenses for their female child.
What is Sukanya Samridhi Yojana?
The account under Sukanya Samriddhi Yojana can be open till the girl child reaches the age of 10 years. Once she crosses the age of 10 years, she shall become ineligible for opening account under this scheme.
What is the age limit of Sukanya Samridhi Yojana?
The Age limit is restricted to 10 years but Government has stipulated a buffer time of 1 year. This means the girl child who has attained the age of 10 years 1 year prior to the announcement i.e. the girl child born between 2 December 2003 and 1 December 2004 can open sukanya samridhhi account up to till 1 December 2015.
What is Buffer Time of 1 year?
At present the contribution made towards the SSA is included in the list of section 80C. The ceiling limit of deduction is Rs.1.50 lakhs. This limit also takes account of all the existing investments such as PPF, bank 5 years FD, LIC etc.Sukanya Samriddhi Scheme has been put into EEE category in Budget 2015 i.e. Sukanya Samriddhi Account Scheme has become fully tax-free.
Taxation on Sukanya Samriddi Scheme?
Sukanya Samridhi scheme is a small savings scheme and governed by Post Office Savings Account Rules, 1981. As per RBI guidelines, a Non-Resident Indian (NRI) may not be eligible to invest in Small Savings schemes but still official remarks are waiting on this.
Is Non-Resident Indians (NRI) applicable to the scheme?
To open this account following documents are required to be submitted.1. Birth Certificate of Girl Child2. Identity proof of the depositor i.e. parent or legal guardian3. Address proof of the depositor i.e. parent or legal guardian
In case Birth Certificate of girl child is not available than birth certificate from the school headmaster or from the hospital where girl child was born is also valid.
What are the Documents to open account?
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