What was the theme of ‘Financial Literacy Week 2024’, conducted by the Reserve Bank of India from 26 February to 01 March 2024?

Correct option is C

The correct answer is (c) Make a Right Start: Become Financially Smart

Explanation:

• The Reserve Bank of India (RBI) observed the Financial Literacy Week (FLW) 2024 from February 26 to March 1, 2024, with the theme "Make a Right Start: Become Financially Smart".
• This initiative aimed to promote financial awareness among young adults, particularly students, emphasizing the importance of inculcating financial discipline from an early age.

Information Booster:

Financial Literacy Week (FLW) 2024 –

• Organized by: Reserve Bank of India (RBI) annually since 2016.
• Dates: February 26 – March 01, 2024.
• Theme: "Make a Right Start: Become Financially Smart."
• Focus Areas:
• Saving and Power of Compounding
• Banking Essentials for Students
• Digital and Cyber Hygiene

Financial Literacy Week 2025:

Observed from February 24 –28, 2025 on the theme of “Financial Literacy, Women’s Prosperity”. 

Focus Area:

a) Financial Planning

b) Saving and Risk Management and

c) Availing Credit for Growth

Additional Knowledge:

• Credit Discipline and Credit from Formal Institutions: This theme was associated with a previous Financial Literacy Work conducted by the RBI in 2020.
• Good Financial Behaviour, Your Saviour: This theme was part of the Financial Literacy Week 2021, aiming to emphasize the significance of sound financial habits and their role in financial well-being.
• Go Digital, Go Secure: This theme was highlighted during the Financial Literacy Week 2022.