Question

A minor can open and operate an account in his name if he has completed

• A. 10 years
• B. 14 years
• C. 12 years
• D. None of the above

Answer 1

Answer:

A. 10 years

In India, a minor who has completed 10 years of age can open a savings account in his/her name, usually with a parent/guardian as co-signatory.