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Financial Awareness Cum Donation camp

Event Date: 28th April 2024

The School of Finance and Commerce, Department of Galgotias University organized a Financial Awareness Camp at Nirman Vihar Human Peace Foundation on 28th April. The aim of the event was to promote financial literacy among the residents. Prior to the event, the departments collected 20 bed sheets for donation. A team of 12 members from Galgotias University arrived at the location at 12:30 PM to conduct the camp. The team donated the bedsheets along with some fruits. The camp was well-received, and the residents actively participated in the interactive session. Various topics related to the banking sector were discussed during the session. One member spoke about the usage, threats, and precautions of Automated Teller Machines (ATMs). Another member highlighted the benefits of Foreign Direct Investment (FDI). The procedure for opening a savings account was explained by another member. Additionally, topics such as banking sector frauds, Unified Payments Interface (UPI), the demerits of debit cards, and the difference between debit and credit cards were also covered.

Overall, the event was fulfilling and impactful, leaving a positive impression on both the residents and the participating team members.

5.Event Detailed Description - The Financial Awareness Camp organized by School of Finance and Commerce Department at Nirman Vihar Human Peace Foundation on 28th April was a transformative event focused on promoting financial literacy. The collaborative effort of various university departments resulted in the collection of 20 bedsheets for donation, symbolizing the spirit of community service. A team of 10 members arrived at the location at 12:30 PM, bringing not just donations but also a wealth of knowledge to share. The camp commenced with an introduction to the importance of financial awareness, followed by interactive discussions on key banking sector topics. These included the usage and safety precautions of Automated Teller Machines (ATMs), benefits of Foreign Direct Investment (FDI), and the procedure for opening a savings account. Special emphasis was placed on educating attendees about banking sector frauds, and topics like Unified Payments Interface (UPI), demerits of debit cards, and differences between debit and credit cards were explained in detail. The session concluded with a comprehensive summary, providing attendees with a clear overview of the banking sector. The residents' active participation and eagerness to learn demonstrated the camp's success in achieving its objectives.

The session concluded with a summary provided by one of the team members, giving an overview of the entire banking sector. The residents showed a keen interest in learning more about these topics, indicating the success of the camp in spreading financial awareness.

 Overall, the event was a fulfilling and impactful experience, highlighting the university's commitment to community engagement and education.

Mentor Name – Dr Bhavna Sharma and Dr Bhawana Rawat

Department Name – School of Finance and Commerce

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