SEBI Launched “Saa₹thi 2.0” Mobile App on Personal Finance for Investors

Current Context: The Securities and Exchange Board of India (SEBI) launched a mobile application called “Saa₹thi 2.0” on June 3, 2024.

• This app is designed to help investors manage their personal finances.
• It features financial calculators, educational modules on various investment topics, investor support for grievances redressal, and video content for guidance in personal finance planning.
• The app is available on both the Google Play Store and the iOS AppStore.
• It aims to provide reliable and essential insights into the securities market, making it particularly beneficial for young investors who are just starting their financial journeys.

Question:

1. What is the main purpose of the “Saa₹thi 2.0” app?

• A) To provide weather updates
• B) To help investors manage their personal finances
• C) To provide news updates
• D) To provide sports updates

Answer: B) This app is designed to help investors manage their personal finances.