Question of The Day28-08-2020

Recently who has released the National Strategy for Financial Education (NSFE): 2020-2025 document?

Answer

Correct Answer : c ) RBI

Explanation :

Reserve Bank of India (RBI) has released the National Strategy for Financial Education (NSFE): 2020-2025 document. The 5C approach has been recommended for dissemination of financial education in India.
National Centre for Financial Education  (NCFE) has prepared NSFE in consultation with RBI, SEBI, IRDAI, PFRDA,  other ministries and stakeholders under the aegis of the Technical Group on Financial Inclusion and Financial Literacy headed by M K Jain, Deputy Governor of RBI.
The strategy lays emphasis on creating relevant content in schools, colleges and training institutes curriculum, promoting collaboration among various stakeholders, promoting financial literacy through apt communication strategy, etc.
Hence, (c) is the correct answer. 

Questions related to Regulatory bodies are asked in various government exams like UPSC CDS, State PCS, SSC CGL, SSC CHSL, RRB NTPC, UPSI, IBPS PO, NABARD, RBI GRADE B, etc.

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