What is the theme of the financial literacy Week 2020?

What is the theme of the financial literacy Week 2020?

The theme of this year’s week-long financial literacy and awareness programme will be “Go Digital, Go Secure”. This theme is one of the strategic objectives of the National Strategy for Financial Education 2020-2025.

What is financial inclusion RBI?

4 Financial inclusion has been defined as “the process of ensuring access to financial services, timely and adequate credit for vulnerable groups such as weaker sections and low-income groups at an affordable cost”. (Committee on Financial Inclusion – Chairman: Dr C Rangarajan, RBI, 2008).

What is RBI Kehta?

‘RBI Kehta Hai’ is a multi-media multilingual campaign, which disseminates information to the public using mass media, namely, SMSes, print, television channels, radio, hoardings, websites and social media.

What are the reports published by RBI?

The Bank publishes two statutory reports, the Annual Report of the Bank and the Report on Trend and Progress of Banking in India.

What is the theme of 2022 financial literacy?

Financial Literacy Week is being observed from February 14-18, 2022 on the theme “Go Digital, Go Secure”.

What month is Financial Literacy Month?

The United States Senate passed a resolution in 2003 officially designating April as Financial Literacy Month. President Obama made a proclamation in March 2017 highlighting the importance of being financially capable and declaring the month of April as National Financial Capability Month.

What is financial stability report by RBI?

Today, the Reserve Bank released the 25th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system.

WHO published report on currency and finance?

Reserve Bank of India’s (RBI)
According to recent Reserve Bank of India’s (RBI) Report on Currency and Finance (RCF), the Indian economy may take more than a decade to overcome the losses caused by the outbreak of Covid-19 pandemic.

What is the theme of financial literacy Week 2022 that was conducted by RBI from 14th to 18th February?

Go Digital, Go Secure
Financial Literacy Week is being observed from February 14-18, 2022 on the theme “Go Digital, Go Secure”.

Who started Financial Literacy Month?

In 2003 the United States Congress showed its support for the idea of a financial literacy month when Senate Resolution 48 and House Resolution 127 asked President George W. Bush to declare April Financial Literacy for Youth Month.

What is financial inclusion PDF?

Financial inclusion implies equity in access to financial information and services thereby allows the poor to finance their own businesses, save, support their families and insure themselves against daily financial risks. It is therefore a means of achieving equitable development and inclusive growth.

Which institute releases FSR?

Last week, the Reserve Bank of India (RBI) released its latest Financial Stability Report (FSR).

Who releases India financial stability Report?

the Reserve Bank of India
Policy support, including regulatory dispensations, helped the India’s banking sector navigate the COVID-19 pandemic and led to an improvement in asset quality in FY22, the Reserve Bank of India said in its Financial Stability Report released on June 30.

Who published Economic Survey of India?

the Finance Ministry, Government of India
The Economic Survey of India is an annual document released by the Finance Ministry, Government of India and reviews the developments in the Indian economy over the past twelve months.

What is the Reserve Bank of India doing for financial inclusion?

Financial Inclusion and Education are two important elements in the Reserve Bank of India’s developmental role. Towards this, it has created critical volume of literature and has uploaded on its website in 13 languages for banks and other stakeholders to download and use.

What is the role of RBI in the foreign exchange market?

The RBI’s Financial Markets Department (FMD) participates in the foreign exchange market by undertaking sales / purchases of foreign currency to ease volatility in periods of excess demand for/supply of foreign currency. RBI formulates and implements the Monetary Policy of India to keep the economy on growth path.

What is the present repo rate of RBI?

Repo Rate If banks want to borrow money (for short term, usually overnight) from RBI then banks have to pay this interest rate. Present Repo rate is 6.5% with effect from June 2016.

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