RBI Ranchi Launches ‘Gyan-Baan’ program

In a novel initiative that stands testament to the innovative spirit of the Reserve Bank of India (RBI) at Ranchi, the ‘Gyan-Baan‘ program was launched on March 27, 2024. This unique event marries the traditional sport of archery with the modern educational need for financial literacy among the youth. Spearheaded by Prem Ranjan Prasad Singh, the Regional Director of RBI Ranchi, the program aims to target school children with essential lessons in financial inclusion and education.

The essence of ‘Gyan-Baan’

  • Objective: The primary goal of ‘Gyan-Baan’ is to enlighten students about the importance of financial literacy through an engaging medium—archery.
  • Innovation in Education: By using a sport deeply rooted in Indian tradition, the RBI seeks to make learning about finance more appealing to the young audience.
  • Inspiration: The choice of archery is inspired by the success stories of archers like Komalika Bari, an officer in the Ranchi Regional Office, who has elevated the sport’s prestige on international platforms.

Key Themes of Financial Literacy

The program cleverly assigns financial education themes to various archery targets such as ignorance, greed, indiscretion, fear, and haste. These represent the vulnerabilities that often lead individuals into financial, digital, or cyber frauds.

Why Archery?

  • Cultural Resonance: Archery, a sport with thousands of years of history in India, resonates well with the cultural heritage of the country.
  • Modern Relevance: The sport’s current international acclaim, partly due to athletes like Komalika Bari, makes it a perfect tool for capturing the interest of the youth.

Impact and Reception

  • Student Engagement: The innovative approach has not only educated but also significantly engaged students, making them more aware of financial risks and precautions.
  • Building Awareness: Through the metaphor of archery, students learn to ‘aim’ for financial prudence and ‘target’ the vulnerabilities that lead to fraud.

Conclusion

The ‘Gyan-Baan’ program by RBI Ranchi represents a creative fusion of tradition and modern educational needs, highlighting the importance of financial literacy in an engaging manner. It sets a benchmark for how educational programs can be made more appealing and impactful for younger audiences.

Also Read: Jharkhand Economic Survey 2023-24: A Bold Overview

“ज्ञान-बाण” कार्यक्रम के माध्यम से, भारतीय रिजर्व बैंक, रांची ने वित्तीय साक्षरता को बढ़ावा देने के लिए एक अनूठा प्रयास किया है। इस कार्यक्रम का उद्देश्य विद्यार्थियों को तीरंदाजी के माध्यम से वित्तीय साक्षरता के महत्व को समझाना है। प्रेम रंजन प्रसाद सिंह, क्षेत्रीय निदेशक ने इस कार्यक्रम को संकल्पित और सफलतापूर्वक निर्देशित किया है।

इसमें, तीरंदाजी के विभिन्न लक्ष्यों को अज्ञानता, लालच, अविवेक, भय और जल्दबाजी के रूप में नामित किया गया है, जो वित्तीय, डिजिटल या साइबर धोखाधड़ी के प्रति व्यक्तियों की कमजोरियों को दर्शाते हैं।

प्रसिद्ध तीरंदाज कोमलिका बारी ने भी इस कार्यक्रम में अपने विचार व्यक्त किए, जिससे यह स्पष्ट होता है कि वित्तीय साक्षरता की ओर ध्यान देना न केवल शिक्षा की दिशा में एक कदम है, बल्कि यह एक सांस्कृतिक परंपरा के सम्मान के साथ-साथ आधुनिक जागरूकता बढ़ाने का एक माध्यम भी है।

MCQs:

  1. What is the primary objective of the ‘Gyan-Baan’ program?
    • A) To win archery competitions
    • B) To educate students on financial literacy through archery
    • C) To celebrate traditional Indian sports
    • D) To train professional archers
    • Answer: B) To educate students on financial literacy through archery
  2. Who conceptualized the ‘Gyan-Baan’ program?
    • A) The Prime Minister of India
    • B) Komalika Bari
    • C) Prem Ranjan Prasad Singh
    • D) The President of India
    • Answer: C) Prem Ranjan Prasad Singh
  3. Which of the following themes is NOT one of the targets in the ‘Gyan-Baan’ program?
    • A) Ignorance
    • B) Strength
    • C) Greed
    • D) Haste
    • Answer: B) Strength
  4. Who is Komalika Bari in relation to the ‘Gyan-Baan’ program?
    • A) A student participant
    • B) An inspirational archer and officer in Ranchi Regional Office
    • C) The Regional Director of RBI Ranchi
    • D) A financial educator
    • Answer: B) An inspirational archer and officer in Ranchi Regional Office
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