Daily Current Affairs on World Thrift Day observed on 31st October for IBPS RRB - Office Assistant/ Clerical Exam Preparation

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World Thrift Day observed on 31st October

World Thrift Day is celebrated every year on 31st October worldwide to promote savings and financial security of individual and nation as a whole.
World thrift day was established to inform people all around the world about the idea of saving their money in a bank rather than keeping it under their mattress or at home.

  • In India due to death of late Prime Minister Indira Gandhi on the same day in 1984 this day is being celebrated on 30th October.
  • The first International Thrift Congress which was held in Milan, Italy in 1924 had declared October 31 as the World Thrift day.
  • The aim of celebrating this day is to change our behaviour towards the saving and constantly reminds us the importance of wealth.

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