Sangam: A Confluence of Knowledge Streams

FINANCIAL LITERACY IN THE STATE OF WEST BENGAL: A STUDY INTO ITS DETERMINANTS WITH AN IMPACT ANALYSIS ON FINANCIAL INCLUSION AND INVESTMENT DECISION MAKING

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dc.creator Sinha, Shubhra
dc.date 2019-11-15T11:29:57Z
dc.date 2019-11-15T11:29:57Z
dc.date 2018
dc.date.accessioned 2022-05-26T09:00:09Z
dc.date.available 2022-05-26T09:00:09Z
dc.identifier 0973-5917
dc.identifier http://inet.vidyasagar.ac.in:8080/jspui/handle/123456789/5122
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/199226
dc.description In an attempt to assess financial literacy in the state of West Bengal, using the OECD questionnaire upon 600 respondents from eight selected districts, it has been found that the average financial literacy of the state is better than the all India average. Male financial literacy as well as inclusiveness is also higher than female. But, urban financial inclusion is not significantly higher than the rural areas anymore, however urban financial literacy is found to be significantly more than the rural. Higher education and income level could significantly affect financial literacy. However, work situation could affect financial inclusion only. Financial literacy along with education level, work situation and income band could have significant impact towards financial inclusiveness and choosing relatively riskier investments.
dc.format application/pdf
dc.language en
dc.publisher Vidyasagar University , Midnapore , West Bengal , India
dc.relation VUJOC;23
dc.subject Financial Literacy
dc.subject Financial Inclusion
dc.subject Investment Decision Making
dc.title FINANCIAL LITERACY IN THE STATE OF WEST BENGAL: A STUDY INTO ITS DETERMINANTS WITH AN IMPACT ANALYSIS ON FINANCIAL INCLUSION AND INVESTMENT DECISION MAKING
dc.type Article


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