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Financial Literacy and Consumer Protection
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1.
Which institution in India launched the National Strategy for Financial Education (NSFE) 2020-2025?
RBI
SEBI
IRDAI
National Centre for Financial Education (NCFE)
2.
What is the primary goal of the Financial Literacy Centres (FLCs) set up by the RBI?
To issue loans to the rural poor
To educate consumers about banking products
To regulate financial markets
To provide cash management services
3.
Which of the following financial literacy initiatives targets schoolchildren in India?
National Pension Scheme
Project Swabhimaan
Money Smart School Program (MSSP)
Digital Literacy Campaign
4.
Under Pradhan Mantri Jan Dhan Yojana (PMJDY), as of 2023, what is the total number of accounts opened since inception?
Over 10 crore
Over 25 crore
Over 40 crore
Over 50 crore
5.
Which regulatory body is responsible for the Investor Protection and Education Fund (IPEF)?
SEBI
IRDAI
RBI
PFRDA
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