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1st Floating Financial Literacy Camp

Published on November 04, 2022
Current Context: The first Floating Financial Literacy Camp in India was organized by India Post Payments Bank (IPPB).
1st Floating Financial Literacy Camp
  • The camp was conducted as a part of the “Niveshak Didi” initiative in Srinagar, Jammu, and Kashmir.
  • Niveshak Didi was launched by the IPPB in partnership with the Investor Education and Protection Fund Authority (IEPFA) and is based on the concept of “by the women, for the women”.
  • It was launched under the aegis of the Ministry of Corporate Affairs, Government of India.
  • Niveshak Didi held the financial literacy session in the local Kashmiri language from a unique wooden boat found (Shikara) in the Dal Lake.
  • The objectives of these camps are to spread awareness among people regarding:
  1. Banking and financial products
  2. Importance of joining the mainstream financial services
  3. Risks related to investments and frauds
  • IPPB was established in 2018 under the aegis of the Ministry of Communications with its headquarters in New Delhi. The current CEO of IPPB is J Venkatramu.

Question:

Q.1 The first Floating Financial Literacy Camp in India was organized in?
a. Mumbai
b. Manipur
c. Srinagar 
d. Varanasi
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