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RBI Grade B Phase 1 PYP >> Jul 9, 2023 - Shift 1 >> General Awareness

Question :

Which of the following is NOT a primary objective of the National Financial Awareness Program in India?

I． Promoting financial literacy among the general public.

II． Encouraging responsible financial behaviour and savings.

III． Ensuring investor protection and market transparency.

IV． Regulating the functioning of banks and financial institutions.

Select the correct options:

1. I and II

2. II, III and IV

3. Only III

4. Only IV

5. III and IV

Correct Answer : 4
Solution :

The National Financial Awareness Program (NFAP) focuses on promoting financial literacy, encouraging savings, and fostering responsible financial behaviour among citizens. It also aims to raise awareness about investor rights and market transparency. However, regulating the functioning of banks and financial institutions falls under the mandate of regulatory bodies like the Reserve Bank of India (RBI) and SEBI, not under the NFAP.

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Record Breaking Results in 2024-25 🎉

Niranjan Jain

Niranjan Jain

Rank #1

SBI PO

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Amit Mandal

Amit Mandal

Rank #1

IBPS PO

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S B Tanay Gaurav

S B Tanay Gaurav

Rank #1

RBI Gr. B

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Shubham Agrawal

Shubham Agrawal

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Manjot Singh

Manjot Singh

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Rohit Chadhar

Rohit Chadhar

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Shekhar Kumar

Shekhar Kumar

Rank #8

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