Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

National: 2022

Question:
'Niveshak Didi' is a financial literacy campaign launched in Nov 2022 by which of the following?
Options:
India Post Payments Bank
Reserve Bank of India
Securities and Exchange Board of India
State Bank of India
Correct Answer:
India Post Payments Bank
Explanation:
India Post Payments Bank (IPPB), stablished under the Department of Posts, Ministry of Communication with 100% equity owned by the Government of India, conducted India’s First Floating Financial Literacy Camp with an initiative called ‘Niveshak Didi’ to promote Financial Literacy ‘By the women, for the women’, in Srinagar, J&K in Nov 2022. To take the Financial Literacy drive ahead, IPPB, in collaboration with the Investor Education and Protection Fund Authority (IEPFA) under the aegis of Ministry of Corporate Affairs (MCA), launched the initiative called ‘Niveshak Didi’ to promote Financial Literacy “By the women, for the women” concept. ‘Niveshak Didi’ initiative is based on the ideology of women for women as rural area women feel more comfortable to share their queries with a female itself.