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 .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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