Correct Answer : Option (A) - India Post Payments Bank
India Post Payments Bank (IPPB), stablished under the Department of Posts, Ministry of Communication with 100% equity owned by the Government of India, conducted India’s First Floating Financial Literacy Camp with an initiative called ‘Niveshak Didi’ to promote Financial Literacy ‘By the women, for the women’, in Srinagar, J&K on 2nd Nov 2022.
India, being a large & growing economy, still finds it challenging to spread financial literacy across demography, as an enormous share of population still resides in rural areas. IPPB created a new legacy with the help of world’s largest postal network to extend its reach to the last mile and bridge financial inclusion gaps.
To take the Financial Literacy drive ahead, IPPB, in collaboration with
Investor Education and Protection Fund Authority (IEPFA) under the aegis of
Ministry of Corporate Affairs (MCA), launched the initiative called
‘Niveshak Didi’ to promote Financial Literacy
“By the women, for the women” concept.
‘Niveshak Didi’ initiative is based on the ideology of
women for
women as rural area women feel more comfortable to share their queries with a female itself..
Source : PIB
