FI@School

FI@School program

Question: FI@School programme has been recently started in which of the following state?
(a) Tamil Nadu
(b) Kerala
(c) Andhra Pradesh
(d) Karnataka
Ans:(b)
Related facts:

  • On 20 January 2017; Revenue Minister of Kerala, E. Chandrasekharan inaugurated programme called FI@School Assisi Vidhyanikethan Public School Kakkanad.
  • The program is by Kerala Gramin Bank.
  • The programme is aimed at propagating financial literacy among school children.
  • Under this programme, financial literacy clubs will be formed at every school. It is implemented jointly with NABARD and Child and Youth Finance International (CYFI), Amsterdam.
  • 500 branches out of the total 602 branches of the bank will identify and enter into a virtual tie up with a school in its locality.
  • The bank anticipate coverage of nearly one lakh students through the project.
  • It will organise various programmes such as account opening camps at schools, junior debit card distribution, financial literacy related classes, distribution of financial literacy booklets, competition on financial literacy, etc.

Reference:
http://www.thehindubusinessline.com/news/national/kerala-gramin-bank-to-propagate-financial-literacy-among-school-children/article9493490.ece