Financial literacy enables us to
understand the administration, management, supervision and control of money.
With the help of financial literacy, we can develop a culture of saving money.
We can easily differentiate between our’ needs’ and ‘wants’. We can also plan
our finances better, which results in the overall growth of the quality of
Financial literacy empowers us
to make better financial decisions. Without financial literacy, we are
vulnerable to financial frauds.
Financial literacy attempts to
introduce the learners to the basic financial concepts, including the evolution
of money, the origins of modern banking in India, and the operations and
services offered by various types of banks in India.
We encourage the students to
utilise the benefits of the course by applying the knowledge in their lives.