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 The World Senior Citizens Day is commended each year on 21 August over the world bring issues to light of the state of senior individuals and bolster them through the procedure of senescence. This day is seen to bring issues to light about variables and issues influencing more established individuals, for example, decay with age and look at issues that influence their carries on with, for example, maltreatment of older individuals. It is additionally perceives and acknowledges commitments that more established individuals make to society. It calls for government assistance of senior people to enlist and value their accomplishments and inclusion in the general public to get advanced from their capacity and information. 

Foundation 

The day was formally settled by previous leader of United States Ronald Reagan after he had marked Proclamation on August 19, 1988, pronouncing August 21 as National Senior Citizens Day in US. Different nations later received the day to offer appreciation to the old network. Later United Nations General Assembly on fourteenth of December 1990 declared to watch 21 August as World Senior Citizens Day.

Hold Bank of India (RBI) has propelled the National Strategy for Financial Education (NSFE) to be actualized for the time of next five years for example 2020 to 2025. This is the second national methodology; the first NSFE was propelled in 2013. NSFE 2020-25 has been propelled with a point of accomplishing a monetarily mindful and enabled India. 

Substance 

National Strategy for Financial Education 2020-2025-Key Points 

National Center for Financial Education 

National Strategy for Financial Education 2020-2025-Key Points 

The bank thought of 5-Core Actions approach with this second national technique. 

The five Cs featured by NSFE 2020-25 are Capacity, Content, Communication, Community, and Collaboration. 

Here, content alludes to the educational program in schools; where the expression "Limit" is utilized for creating limit in mediators associated with budgetary administrations. 

Correspondence and Community are utilized to make a network drove model for budgetary education utilizing correspondence system. 

Ultimately, Collaboration is utilized to upgrade the association/joint effort among different partners. 

The procedure likewise proposed embracing powerful observing and system to assess to the advancement made. 

National Center for Financial Education 

The first NSFE was propelled by National Center for Financial Education. It is a Section 8 (Non-Profit) organization that is advanced by the Reserve Bank of India, Pension Fund Regulatory and Development Authority (PFRDA) and Insurance Regulatory and Development Authority of India (IRDAI). Its key target is to advance Financial Education across India for all segments of society according to National Strategy for Financial Education of Financial Stability and Development Council. Its vision is "A monetarily mindful and enabled India."


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