Question

ᴡʜᴀᴛ ɪꜱ ꜰᴀʀᴀᴅᴀʏ'ꜱ ʟᴀᴡ? ❤

2thx = (づ￣ ³￣)づ

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Answer 1

Explanation:

A recent survey by Standard and Poor’s suggests that 76% of Indians are not financially literate and are unable to understand key financial concepts like inflation, interest rate and compound interest. In Asia, Singapore attains the highest % of financially literate people. In Asia, Singapore attains the highest % of financially literate adults (59%) followed by Hong Kong and Japan (both at 43%).

In India, there is a great disparity among the different states and the rate of literacy are extremely low in the states like Uttar Pradesh, Bihar, Rajasthan etc.

Right to Education Act (RTE) is an Act of Parliament of India enacted on 4th August,2009 suggests that education is our birthright. Financial Literacy is an important area which is missing in our education system. It is seen that most of the people are often misled by their sales or insurance agents. Being financially aware will help the clients to understand the questions and the solutions explained by their financial advisor. Financial literacy is for all ages and it can really change your life if followed in a disciplined way.

Answer 2

$\huge\bigstar\fcolorbox{red}{aqua}{\tt\pink{ANSWER}}\bigstar$

• ꜰᴀʀᴀᴅᴀʏ'ꜱ ʟᴀᴡ ᴛᴇʟʟꜱ ᴜꜱ ᴛʜᴀᴛ ʜᴏᴡ ᴀ ᴍᴀɢɴᴇᴛɪᴄ ꜰɪᴇʟᴅ ᴡɪʟʟ ᴀᴄᴛ ɪɴ ɴᴇᴀʀᴀɴᴄᴇ ᴏꜰ ᴇʟᴇᴄᴛʀɪᴄ ᴄɪʀᴄᴜɪᴛ ᴡʜɪᴄʜ ɪɴᴅᴜᴄᴇ ᴇʟᴇᴄᴛʀᴏᴍᴀɢɴᴇᴛɪᴄ ɪɴᴅᴜᴄᴛɪᴏɴ .

HOPE IT HELPS YOU .....❤