Financial Awareness - An Inevitable Necessity

Concept Clarity on -

1) Compounding/ Simple Interest.

2) Time Value of Money/ Effect of Inflation on returns.

3) Necessity of Diversification of Investments.

4) Banking & Credit Cards Frauds & How to deal with.

5) Banking Ombudsman.

Attached below is the classic brochure on Financial Awareness Message (FAME) by RBI dealing into very basic understanding of these concepts for a layman by RBI.

Hope , it finds some usefulness to you.