Excelsior Correspondent
JAMMU, Sept 20: The Business School, University of Jammu organised financial literacy workshop in collaboration with Reserve Bank of India (RBI), here today.
Prof Vinay Chauhan, Director TBS, highlighted theme of the workshop and spoke about importance of such events for the growth and development of students.
The RBI team headed by Navjot Singh, Manager, RBI Jammu, interacted with the students and scholars. He stressed upon the relevance of the workshop to equip students with the knowledge needed to make informed and prudent investment decisions, ensuring their financial well-being in the future.
Sourabh Sameer, Assistant Manager at RBI Jammu, spoke about the pivotal concept of Financial Inclusion. He emphasized that having a bank account represents a significant step towards financial inclusion but that it is not the sole criterion. He also enlightened the diverse investment avenues available in the financial landscape and emphasized the importance of understanding the associated risks when exploring these investment options.
Further, Rahul Kumar, Assistant Manager at RBI Jammu, shed light on the Integrated Ombudsman Scheme and its significant features. He provided a detailed explanation of the complaint filing procedure, and equipped attendees with essential knowledge on how to address financial grievances effectively and access the necessary support channels.
Rajat Bali provided an in-depth explanation of the Foreign Exchange Management Act, 1999 (FEMA) and its broad applicability.
The event culminated with an engaging quiz, in which the students and scholars had the opportunity to put their newfound financial knowledge to the test. The winners of the quiz were celebrated.
The event was coordinated by the Management Club of The Business School, under the guidance of Dr Shelleka Gupta, Assistant Professor TBS.
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