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17th November 2021 (5 Topics)

Investor Education and Protection Fund

Why is financial literacy important in the modern-day economy. Discuss various measures taken by the government to promote financial literacy in India. (150 words)

Approach:

  • Introduce by giving a definition of financial literacy
  • Discuss the importance of financial literacy for citizens and economy as a whole
  • Discuss various measures taken by the government to promote financial literacy
  • Conclusion
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