CURRENT AFFAIRS

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which scheme is observed across the country to emphasize the importance of financial literacy?

A	Financial literacy Week
B	Relief Bond Scheme
C	Housing Loan Schemes
D	Scheme of Banking Ombudsman

Explanation:

Detailed explanation-1: -Pradhan Mantri Jan Dhan Yojana (PMJDY) Thus, PMJDY offers unbanked persons easy access to banking services and awareness about financial products through financial literacy programmes. In addition, they receive a RuPay debit card, with inbuilt accident insurance cover of Rs.

Detailed explanation-2: -The Correct answer is PMJDY. PMJDY: Stands for Pradhan Mantri Jan Dhan Yojna. It is a National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.

Detailed explanation-3: -Key Takeaways Some of the basics of financial literacy and its practical application in everyday life include banking, budgeting, handling debt and credit, and investing.

There is 1 question to complete.