• Financial literacy has assumed greater importance in the recent years, as financial markets have become increasingly complex. As there is information asymmetry between markets and the common person, leading to the latter finding it increasingly difficult to make informed choices financial education becomes imperative. The first decade of the twenty-first century has seen a universal recognition for spreading financial literacy among people. The concept of improving financial literacy as a national project has been gradually building, given the fact that India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system

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