CURRENT AFFAIRS

Detailed explanation-1: -World Thrift Day 2022: Theme This year, the theme of World Thrift Day is “Saving prepares you for the future”, closely linked with last year’s theme that focused on the importance of savings. The day is often observed by conducting informative campaigns and releasing schemes that promote savings.

Detailed explanation-2: -On October 31st, World Savings Day increases public awareness of the importance of saving money. It’s also a day to recognize the impact that savings have on the global economy. The day is sometimes referred to as World Thrift Day.

Detailed explanation-3: -World Savings Day, also known as World Thrift Day, is a holiday we celebrate on October 31 every year. The holiday highlights the necessity of saving for the future.

Detailed explanation-4: -World thrift day was established to inform people all around the world about the idea of saving their money in a bank rather than keeping it under their mattress or at home. In India due to death of late Prime Minister Indira Gandhi on the same day in 1984 this day is being celebrated on 30th October.