Shillong, May 26: To emphasize the importance of financial literacy among common people, the Reserve Bank of India will observe the Financial Literacy Week across the country from 5th to 9th June, 2017.
The literacy week will focus on four broad themes, viz. KYC, Exercising Credit Discipline, Grievance Redressal and Going Digital (UPI and *99#). The five messages that will be communicated to the common man based on the above broad themes are available under “Financial Literacy Week” in the downloads section of the financial education webpage of RBI www.rbi.org.in.
The four fundamental baseline of financial literacy is the Difference between an Asset and a Liability, Cash Flow Versus Capital Gains, Cash Flow versus Capital Gains and Making your own financial decisions.
An online quiz will be hosted for the general public on the four broad themes to generate interest/awareness about financial literacy. Details of the quiz will be intimated through RBI website www.rbi.org.in.
