Question

    Which of the following is NOT a primary objective of

    the National Financial Awareness Program in India? 1 ) Promoting financial literacy among the general public . 2 ) Encouraging responsible financial behavior and savings . 3 ) Ensuring investor protection and market transparency . 4 ) Regulating the functioning of banks and financial institutions .
    A 1 and 2 Correct Answer Incorrect Answer
    B 2, 3 and 4 Correct Answer Incorrect Answer
    C Only 3 Correct Answer Incorrect Answer
    D Only 4 Correct Answer Incorrect Answer
    E 3 and 4 Correct Answer Incorrect Answer

    Solution

    While the National Financial Awareness Program in India aims to achieve multiple objectives, regulating the functioning of banks and financial institutions falls under the purview of the Reserve Bank of India ( RBI ) rather than the National Financial Awareness Program .

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