Reserve Bank launches children educational site in India

Reserve Bank of India has launched a financial education site that aims to teach basics of banking, finance and central banking to children.

To explain complexities of banking, finance and central banking in a simple and interesting way, Reserve Bank of India has created two special characters Raju and Money Kumar. While Raju tries to learn all about banking, Money Kumar attempts to explain subjects dealt with by RBI, such as monetary policy, bank regulations and currency notes. The website uses comic books format to make the learning process easy and fun for children. The Reserve Bank has already launched two comic books 'Raju and the Money Tree' and 'Money Kumar and Monetary Policy' on the site. While the former deals with basic banking the latter explains the role and relevance of RBI's monetary policy for the common man. The website also has films on security features of currency notes of different denominations and an educative film to persuade citizens to not to staple notes. The site also has games especially designed to familiarise school children with India's various currency notes. The site will soon be made available in Hindi as well as in 11 regional languages such as Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Oriya, Punjabi, Tamil, Telugu and Urdu, besides English.

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