2017
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5
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6
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9
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11
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Detailed explanation-1: -NEW DELHI: The Reserve Bank will soon launch a financial literacy drive in 80 blocks in nine states on pilot basis to educate people on e-transactions, formal sector borrowings and insurance purchases.
Detailed explanation-2: -Metropolitan areas like Maharashtra, Delhi, and West Bengal have financial literacy rates of 17%, 32%, and 21%, respectively. States like Bihar, Rajasthan, Jharkhand and Uttar Pradesh where poverty is rampant have low literacy rates.
Detailed explanation-3: -According to a recent SEBI survey, just 27 per cent of the country’s citizens are financially educated.
Detailed explanation-4: -Financial Literacy Week 2022 The theme selected for current year FLW is “Go Digital, Go Secure” which will be observed between February 14-18, 2022. This theme is one of the strategic objectives of the National Strategy for Financial Education 2020-2025.
Detailed explanation-5: -The Reserve Bank of India has released the Financial Inclusion Index for 2022, underlining how well financial products and services can be accessed by the general population. The index shows an improvement to 56.4 from 53.9 in 2021 across indices like access, usage and equality.