Question

    The National Strategy for Financial Education (NSFE) recommends a ‘5 C’ approach for dissemination of financial education in the country. Which of the following is not one those 5 Cs.

    A Content Correct Answer Incorrect Answer
    B Capacity Correct Answer Incorrect Answer
    C Community Correct Answer Incorrect Answer
    D Creativity Correct Answer Incorrect Answer
    E Collaboration Correct Answer Incorrect Answer

    Solution

    It has recommended a ‘5 C’ approach for dissemination of financial education in the country: Content: Financial Literacy content for various sections of population. Capacity: Develop the capacity and ‘Code of Conduct’ for financial education providers. Community: Evolve community led approaches for disseminating financial literacy in a sustainable manner. Communication: Use technology, media and innovative ways of communication for dissemination of financial education messages. Collaboration: Streamline efforts of other stakeholders for financial literacy.  

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