To promote the financial education among the students and make them financial literate Principal Mutual Funds and Money Wizards launched India’s largest personal financial education initiative `YouthMoneyOlympiad' (YMO). This Olympiad will deal with the financial aspects and will help the students to gain the insight regarding the personal finance.
It is necessary for everyone to have the knowledge regarding personal finance. This will prepare the students for their life with this very important skill. The main motive of the Olympiad is to create awareness among the youth and make them literate about the banking, savings and investments that will help them throughout their life.
The YMO is India's first financial literacy initiative targeted at college students. The competition will be held across Mumbai, Chennai, Bangalore, Hyderabad, Patna, Delhi, Panaji, Gandhinagar, Chandigarh, Thiruvananthapuram, Bhopal, Bhubaneshwar, Jaipur, Lucknow, Kolkata, Itanagar, Dispur, Raipur, Shimla, Srinagar, Ranchi, Imphal, Shillong, Aizawl, Kohima, Gangtok, Agartala, Dehradun and Pondicherry