The students of Delhi Public School, Bokaro, had a taste of the functionality of the Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), Insurance Regulatory and Development Authority (IRDA) and the financial investments in a programme organised at the school on Wednesday.
Gyanendra Niraj, AGM Incharge and CAPIO, SEBI Ranchi addressed the students on the functionality of SEBI, RBI, IRDA and other Government Institutions. With more than 12 years experience Gyanendra is a Market Regulator in two core areas- Inspection and Investigation.
Talking with the students he discussed how chit-fund scams make news and how these scams affect the common investors. He also suggested measures to put leash on such frauds and scam. He gave basic tips to the students on fruitful investment and discussed about short medium and long term gains. He also shared elementary information on Security Market, Stock Exchange, shares, equities and debentures.
He emphasized the need of saving and safe investment. Dr. Hemlata S. Mohan, Director and Principal of DPS, Bokaro said that this programme intended to educate students about savings and investment and to create awareness amongst students about fraud and problems associated with financial investments. The programme was participatory where students put their queries and cleared their doubts.