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What was the theme of ‘Financial Literacy Week 2024’, conducted by the Reserve Bank of India from 26 February to 01 March 2024?
Credit Discipline and Credit from Formal Institutions
Good Financial Behaviour, Your Saviour
Make a Right Start : Become Financially Smart
Go Digital, Go Secure
Make a Right Start : Become Financially Smart
Financial Literacy Week (FLW) 2024 was conducted by the Reserve Bank of India (RBI) from February 26 to March 01, 2024, under the theme 'Make a Right Start: Become Financially Smart'. The campaign focused on target groups, particularly young adults and students, emphasizing savings, budgeting, compounding, and financial prudence at an early age.
Financial Literacy Week (FLW) 2024 was conducted by the Reserve Bank of India (RBI) from February 26 to March 01, 2024, under the theme 'Make a Right Start: Become Financially Smart'. The campaign focused on target groups, particularly young adults and students, emphasizing savings, budgeting, compounding, and financial prudence at an early age.
The Reserve Bank of India (RBI) was established on April 1, 1935, under the Reserve Bank of India Act, 1934, based on the recommendations of the Hilton Young Commission (Royal Commission on Indian Finance and Development).
RBI has been conducting Financial Literacy Week (FLW) every year since 2016 to propagate financial education messages on particular themes.
FLW 2024 was held from February 26 to March 01, 2024, focusing on young adults and students.
The 2024 campaign emphasized key concepts such as the power of compounding, active budgeting, and digital hygiene to prevent financial fraud.
Option A ('Credit Discipline and Credit from Formal Institutions') was the theme for FLW 2020.
Option B ('Good Financial Behaviour, Your Saviour') was the official theme for FLW 2023.
Option D ('Go Digital, Go Secure') was the official theme for FLW 2022.
RBI conducts FLW across India through mass media campaigns, financial literacy centers, and educational institutes.
C is correct — The official theme for RBI's Financial Literacy Week 2024 was 'Make a Right Start : Become Financially Smart'.
For competitive exams, questions on RBI initiatives like FLW often ask to match specific years with their respective themes. Memorize themes from the past 2-3 years: 2022 (Go Digital, Go Secure), 2023 (Good Financial Behaviour, Your Saviour), and 2024 (Make a Right Start : Become Financially Smart).