All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Banking Exams Exam  >  Banking Exams Questions  >  Which organization has launched "Project... Start Learning for Free
Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?
  • a)
    NABARD
  • b)
    Reserve Bank of India
  • c)
    Government of India
  • d)
    Ministry of Finance
  • e)
    Indian Banks Association
Correct answer is option 'B'. Can you explain this answer?
Clear all your Banking Exams doubts with EduRev
Most Upvoted Answer
Which organization has launched "Project Financial Literacy"...
The Reserve Bank of India has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents.
Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

Directions : Read the following Passage, and answer the questions based on this passage.Despite the best efforts of those responsible for preventing fraud, oneinevitablereality remains: “fraud happens.” Because fraud and misconduct can occur at various levels in any organization, it is essential that appropriate preventive and detective techniques are in place. Although fraudpreventionand detection are related concepts, they are not the same. While prevention encompasses policies, procedures, training, and communication, detection involves activities and programs designed to identify fraud or misconduct that is occurring or has occurred. Although preventive measures cannot ensure that fraud will not be committed, they are the first line of defense in minimizing fraud risk. This section of the guide will cover preventive techniques. Detective techniques will be covered in Section 4.One key to prevention is making personnel throughout the organization aware of the fraud risk management program, including the types of fraud and misconduct that may occur. This awareness should enforce thenotionthat all of the techniques established in the program are real and will be enforced. The ongoing communication efforts could provide information on the potential disciplinary, criminal, and civil actions that the organization could take against the individual.With this in mind, prevention and deterrence are interrelated concepts. If effective preventive controls are in place, working, and well-known to potential fraud perpetrators, they serve as strong deterrents to those who might otherwise be tempted to commit fraud. Fear of getting caught is always a strong deterrent. Effective preventive controls are, therefore, strong deterrence controls.The system of internal controls in an organization is designed to address inherent business risks. The business risks are identified in the enterprise risk assessment protocol, and the controls associated with each risk are noted. COSO’s Enterprise Risk Management–Integrated Framework describes the essential ERM components, principles, and concepts for all organizations, regardless of size.Establishing internal controls may not address all of an organization’s fraud risks. Fraud risks, although a form of business risk, necessitate specific controls tomitigatethem, which makes an organization’s fraud risk assessment process essential to fraud prevention. In addition to implementing fraud preventive controls, it is important that the organization assess and continuously monitor their operational effectiveness to help prevent fraud from occurring.Prevention is the most proactive fraud-fighting measure. The design and implementation of control activities should be a coordinated effort spearheaded by management with an assembled cast of employees. Collectively, this cross section of the organization should be able to address all of the identified risks, design and implement the control activities, and ensure that the techniques used are adequate to prevent fraud from occurring in accordance with the organization’s risk tolerance. The ongoing success of any fraud prevention program depends on its continuous communication and reinforcement. Stressing the existence of a fraud prevention program through a wide variety of media — posters on bulletin boards, flyers included with invoices and vendor payments, and articles in internal and external communications — gets the message out to both internal and external communities that the organization is committed to preventing and deterring fraud.Among the many elements in fraud prevention are HR procedures, authority limits, and transaction level procedures. An organization’s HR function can play an important role in fraud prevention by implementing the following procedures. A key business and fraud risk in any organization lies in the people hired to operate the business and promoted into positions of trust and authority. For that reason, it is important to know employees in order to evaluate their credentials and competence, match skills to the job requirements, and be aware of any issues of personal integrity that may impact their suitability for the position. Much can be learned about an individual through confirmation of work history and education presented on a job application or résumé or in follow-up with references provided. It is possible to find false orembellishedinformation or undisclosed history and reputation that may represent increased, and possibly unacceptable, risk.While the organization should establish procedures to obtain sufficient information to assess a job applicant or promotion candidate, the nature and extent of information that can be requested from a prospective or existing employee or obtained independently is governed by applicable laws and regulations. Further or enhanced background checking for criminal record or personal financial situation may only be possible upon receiving the individual’s consent. Legal counsel should be sought to advise on what background information can and cannot be obtained and the appropriate procedures to follow.Background checks should also be performed on new and existing suppliers, customers, and business partners to identify any issues of financial health, ownership, reputation, and integrity that may represent an unacceptable risk to the businessQ.In the following question, find the word that is opposite in the meaning to the word “inevitable”?

Directions : Read the following Passage, and answer the questions based on this passage.Despite the best efforts of those responsible for preventing fraud, oneinevitablereality remains: “fraud happens.” Because fraud and misconduct can occur at various levels in any organization, it is essential that appropriate preventive and detective techniques are in place. Although fraudpreventionand detection are related concepts, they are not the same. While prevention encompasses policies, procedures, training, and communication, detection involves activities and programs designed to identify fraud or misconduct that is occurring or has occurred. Although preventive measures cannot ensure that fraud will not be committed, they are the first line of defense in minimizing fraud risk. This section of the guide will cover preventive techniques. Detective techniques will be covered in Section 4.One key to prevention is making personnel throughout the organization aware of the fraud risk management program, including the types of fraud and misconduct that may occur. This awareness should enforce thenotionthat all of the techniques established in the program are real and will be enforced. The ongoing communication efforts could provide information on the potential disciplinary, criminal, and civil actions that the organization could take against the individual.With this in mind, prevention and deterrence are interrelated concepts. If effective preventive controls are in place, working, and well-known to potential fraud perpetrators, they serve as strong deterrents to those who might otherwise be tempted to commit fraud. Fear of getting caught is always a strong deterrent. Effective preventive controls are, therefore, strong deterrence controls.The system of internal controls in an organization is designed to address inherent business risks. The business risks are identified in the enterprise risk assessment protocol, and the controls associated with each risk are noted. COSO’s Enterprise Risk Management–Integrated Framework describes the essential ERM components, principles, and concepts for all organizations, regardless of size.Establishing internal controls may not address all of an organization’s fraud risks. Fraud risks, although a form of business risk, necessitate specific controls tomitigatethem, which makes an organization’s fraud risk assessment process essential to fraud prevention. In addition to implementing fraud preventive controls, it is important that the organization assess and continuously monitor their operational effectiveness to help prevent fraud from occurring.Prevention is the most proactive fraud-fighting measure. The design and implementation of control activities should be a coordinated effort spearheaded by management with an assembled cast of employees. Collectively, this cross section of the organization should be able to address all of the identified risks, design and implement the control activities, and ensure that the techniques used are adequate to prevent fraud from occurring in accordance with the organization’s risk tolerance. The ongoing success of any fraud prevention program depends on its continuous communication and reinforcement. Stressing the existence of a fraud prevention program through a wide variety of media — posters on bulletin boards, flyers included with invoices and vendor payments, and articles in internal and external communications — gets the message out to both internal and external communities that the organization is committed to preventing and deterring fraud.Among the many elements in fraud prevention are HR procedures, authority limits, and transaction level procedures. An organization’s HR function can play an important role in fraud prevention by implementing the following procedures. A key business and fraud risk in any organization lies in the people hired to operate the business and promoted into positions of trust and authority. For that reason, it is important to know employees in order to evaluate their credentials and competence, match skills to the job requirements, and be aware of any issues of personal integrity that may impact their suitability for the position. Much can be learned about an individual through confirmation of work history and education presented on a job application or résumé or in follow-up with references provided. It is possible to find false orembellishedinformation or undisclosed history and reputation that may represent increased, and possibly unacceptable, risk.While the organization should establish procedures to obtain sufficient information to assess a job applicant or promotion candidate, the nature and extent of information that can be requested from a prospective or existing employee or obtained independently is governed by applicable laws and regulations. Further or enhanced background checking for criminal record or personal financial situation may only be possible upon receiving the individual’s consent. Legal counsel should be sought to advise on what background information can and cannot be obtained and the appropriate procedures to follow.Background checks should also be performed on new and existing suppliers, customers, and business partners to identify any issues of financial health, ownership, reputation, and integrity that may represent an unacceptable risk to the businessQ. In the following question, find the word that is most similar in the meaning to the word “Notion”?

Directions : Read the following Passage, and answer the questions based on this passage.Despite the best efforts of those responsible for preventing fraud, oneinevitablereality remains: “fraud happens.” Because fraud and misconduct can occur at various levels in any organization, it is essential that appropriate preventive and detective techniques are in place. Although fraudpreventionand detection are related concepts, they are not the same. While prevention encompasses policies, procedures, training, and communication, detection involves activities and programs designed to identify fraud or misconduct that is occurring or has occurred. Although preventive measures cannot ensure that fraud will not be committed, they are the first line of defense in minimizing fraud risk. This section of the guide will cover preventive techniques. Detective techniques will be covered in Section 4.One key to prevention is making personnel throughout the organization aware of the fraud risk management program, including the types of fraud and misconduct that may occur. This awareness should enforce thenotionthat all of the techniques established in the program are real and will be enforced. The ongoing communication efforts could provide information on the potential disciplinary, criminal, and civil actions that the organization could take against the individual.With this in mind, prevention and deterrence are interrelated concepts. If effective preventive controls are in place, working, and well-known to potential fraud perpetrators, they serve as strong deterrents to those who might otherwise be tempted to commit fraud. Fear of getting caught is always a strong deterrent. Effective preventive controls are, therefore, strong deterrence controls.The system of internal controls in an organization is designed to address inherent business risks. The business risks are identified in the enterprise risk assessment protocol, and the controls associated with each risk are noted. COSO’s Enterprise Risk Management–Integrated Framework describes the essential ERM components, principles, and concepts for all organizations, regardless of size.Establishing internal controls may not address all of an organization’s fraud risks. Fraud risks, although a form of business risk, necessitate specific controls tomitigatethem, which makes an organization’s fraud risk assessment process essential to fraud prevention. In addition to implementing fraud preventive controls, it is important that the organization assess and continuously monitor their operational effectiveness to help prevent fraud from occurring.Prevention is the most proactive fraud-fighting measure. The design and implementation of control activities should be a coordinated effort spearheaded by management with an assembled cast of employees. Collectively, this cross section of the organization should be able to address all of the identified risks, design and implement the control activities, and ensure that the techniques used are adequate to prevent fraud from occurring in accordance with the organization’s risk tolerance. The ongoing success of any fraud prevention program depends on its continuous communication and reinforcement. Stressing the existence of a fraud prevention program through a wide variety of media — posters on bulletin boards, flyers included with invoices and vendor payments, and articles in internal and external communications — gets the message out to both internal and external communities that the organization is committed to preventing and deterring fraud.Among the many elements in fraud prevention are HR procedures, authority limits, and transaction level procedures. An organization’s HR function can play an important role in fraud prevention by implementing the following procedures. A key business and fraud risk in any organization lies in the people hired to operate the business and promoted into positions of trust and authority. For that reason, it is important to know employees in order to evaluate their credentials and competence, match skills to the job requirements, and be aware of any issues of personal integrity that may impact their suitability for the position. Much can be learned about an individual through confirmation of work history and education presented on a job application or résumé or in follow-up with references provided. It is possible to find false orembellishedinformation or undisclosed history and reputation that may represent increased, and possibly unacceptable, risk.While the organization should establish procedures to obtain sufficient information to assess a job applicant or promotion candidate, the nature and extent of information that can be requested from a prospective or existing employee or obtained independently is governed by applicable laws and regulations. Further or enhanced background checking for criminal record or personal financial situation may only be possible upon receiving the individual’s consent. Legal counsel should be sought to advise on what background information can and cannot be obtained and the appropriate procedures to follow.Background checks should also be performed on new and existing suppliers, customers, and business partners to identify any issues of financial health, ownership, reputation, and integrity that may represent an unacceptable risk to the business.Q. According to the passage, what is the fundamental difference between fraud prevention and fraud detection?

Directions: Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:India was one of the first countries in the world to introduce a policy for family planning. But the issue did not receive sustained attention from the government until the mid-1960s when the population growing at an increasing rate raised the spectre of persistent food shortages, stunted economic growth and diminished international strategic autonomy. Given the limited reach of television and radio, which covered barely a fourth of the population, the Indian government relied heavily on the Indian Posts and Telegraphs Department (P&T) to spread awareness about the need for population control. The P&T used commemorative and definitive postage stamps, printed slogans/advertisements on postal stationery and slogan postmarks to communicate the importance and advertise the methods of family planning. In addition, permanent enamelled metal signboards were supposedly placed on the premises of the nearly one lakh post offices across India.On 12 December 1966, the Indian Posts and Telegraphs Department issued two-and-a-half million copies of the commemorative postage stamp captioned ‘Plan Your Family: Family Planning Week. The information brochure issued along with the stamp justified the emphasis on family planning considering the “population explosion” in a country that “comprises 14% of the world’s population… on 2.4% of the world’s land area.” It added that the government was setting up research and training institutions to facilitate family planning and solicited “the cooperation and active participation of all the people in this National Task.” The stamp showing a happy family of four including two children—a boy not yet ten standing next to his father and a less than two-year-old girl in her mother’s arms. The cachet of the First Day Cover (FDC) of this stamp, too, showed a family of four but here the boy is a toddler while the girl is older. Interestingly, the postmark used to cancel the stamp on the first day of issue conveys two different messages in Hindi (‘???? ?????? ??? ?? ????’, that is, ‘A small family is the foundation of happiness) and English (‘A small family is a happy family’). So, while the caption of the stamp exhorts people to plan their families, the message in the postmark extols the virtues of a small family. In later family planning messages, ‘Plan Your Family’ is also translated as ‘?? ????? ???? ???? (Fewer children, happy lif e)’.From the first commemorative issue, we learn two things about the government’s approach. First, the ideal was a gender-balanced family ____ four with adequate spacing between the birth of the children. Second, the government’s initiative was limited to creating awareness, exhorting people to voluntarily limit their family size, and making contraceptives available.The year 1970 witnessed innovations in the use of postal channels for promoting family planning. The India National Philatelic Exhibition that was held in New Delhi featured family planning as a major theme. In another first, the information brochures of stamps on institutions/organisations began to highlight family planning. The brochure of the commemorative stamp on the golden jubilee of the Indian Red Cross Society (1970) noted that it “lays emphasis on family planning work” and was “running over 300 family planning centres in the country.” Later, commemoratives on the centenary of the Young Women’s Christian Association (1975), the golden jubilee of the Federation of Indian Chambers of Commerce & Industry (1977) and the centenary of the PHD Chamber of Commerce and Industry (2005), too, emphasised their contribution to family planning.Q. According to the passage, the Indian Government relied on which organisation to spread awareness about population control?

Top Courses for Banking ExamsView all

Top Courses for Banking Exams

Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer?
Question Description
Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which organization has launched "Project Financial Literacy" to spread information about the central bank and general banking principles to a variety of target groups, including school and college students, women, the rural and urban poor, defense personnel, and older residents?a)NABARDb)Reserve Bank of Indiac)Government of Indiad)Ministry of Financee)Indian Banks AssociationCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
Explore Courses for Banking Exams exam

Top Courses for Banking Exams

Explore Courses
SaveJoin the Discussion on the App for FREE
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup