Workshop on Financial Literacy at Joharimall High School, Cuttack

Date :23 Augest 2023

The Trust organised a Workshop on Financial Literacy at Joharimall High School, Cuttack , today ( 23August 2023 ). Siladitya Choudhury and Debaraja Mishra – our Resource Persons conducted the workshop impressively. At the outset, Dr Pradhan , Principal of the High School welcomed the guests. Secretary Agrawal in his introductory talk spoke about the School. Hee said the school caters to the needs of the children of Lower Income Group. Mr Choudhury explained savings, investments, concepts of Inflation, Time Vale odf Money, compounding of Interest, Rule of 72, Asset Allocation and Risk vs Return. He then outlined role of Reserve Bank as Monetary authority, Banking/ NBFc Regulator, Forex Management , grievance redressal and Role of Ombudsman. Mr Debaraja Mishra explained saving related products, KYC process, Types of Bank accounts, Digital banking, Customer Liability for unauthorised banking transactions. He also briefly explained Mutual Funds, SIP – the capital market saving vehicles Both the speakers conducted a Financial Quiz. Prizes were distributed to 10 winners of the Quiz.Books published by SEBI on Financial Education were distributed to all . Sandip Ghosh, Chartered Accountant explained certain aspects of securities market in his intervention The book ” Financial Education for School Children” published by SEBI was distributed to all participants. In All 87 (including 81 students and teaching staff) persons participated .