From Financial Literacy to Financial Security Quiz Registrations Open

The online registrations are invited for the From Financial Literacy to Financial Security Quiz, The Financial and Tax Literacy Directorate (FTLD) of Institute of Chartered Accountants of India (ICAI) in collaboration with MyGov presents an engaging quiz to raise awareness about digital technology’s transformative role in the financial sector, This From Financial Literacy to Financial Security Quiz serves as an educational initiative to promote financial and tax literacy, highlighting how technology is reshaping finance and taxation,

Quiz is open to all Indian citizens, The Quiz will be in English language and have 10 multiple choice questions. A participant will get 5 minutes to complete the Quiz, there will be no negative markings

The decision of the Institute of Chartered Accountants of India and MyGov on the Quiz shall be final, and binding, and no correspondence will be entered into regarding the same, The Top 3 Winners shall receive Amazon gift cards – Rs. 10,000 Amazon gift card for the First prize, Rs. 7,000 Amazon gift card for the Second prize, Rs. 5,000 Amazon gift card for the Third prize 

All the participants will receive E-certificate for participation, Last to register, participate and win cash prizes is 10th February 2025

MORE INFO

Digital payments have revolutionized the financial landscape, offering convenience, speed, and efficiency in transactions. From mobile wallets and UPI to contactless payments, they have simplified how individuals and businesses handle money. However, this shift has also brought an increased risk of financial frauds, such as phishing, card skimming, identity theft, and malware attacks. Cybercriminals exploit vulnerabilities in systems and user behavior, targeting sensitive data for unauthorized access and misuse.

Cybersecurity plays a pivotal role in protecting digital payment systems. It involves robust encryption, two-factor authentication, secure networks, and regular monitoring to detect and mitigate threats. Users must also adopt safe practices, such as avoiding public Wi-Fi for transactions, using strong passwords, and being cautious of unsolicited messages. By combining technological advancements with awareness and vigilance, individuals and organizations can harness the benefits of digital payments while minimizing the risks of financial fraud and ensuring secure transactions