WebThe literacy rate of India has been recorded 64.84% (2001 census) against 52.21% in 1991. It has been increased by more than 12% in a decade. Also, the literacy rate is supposed to be around 70-72% by the end of 2010 (As estimated by National Sample Survey). But the goal is yet to be achieved completely (i.e. to obtain 100% literacy). WebJan 8, 2024 · The study reveals that the financial literacy level among youth is low across the most part of the world that has become a cause of concern. Also, it has been observed that various socio-economic and demographic factors such as age, gender, income, marital status and educational attainment influence the financial literacy level of youth and ...
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Webthe financial literacy level among the young, Lusardi, Mitchell & Curto, (2010) find that financial literacy is correlated with family economic and educational background. The people who are more financially literate belong to highly educated and financially sophisticated families. In the report on an international project on financial literacy of WebSeveral studies have attempted to examine the level of financial literacy in India. Most of them report that the level of financial literacy in India is poor. For instance, theVISA (2012) study ranked India at the 23rd position among the 28 countries surveyed. Adopting the questionnaire developed by the Organisation for Economic Co-operation and open fourth door genshin
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WebAug 20, 2024 · Financial literacy for women is thus very important to keep track of finances. Financial literacy is the foundation of your relationship with money, and it is a lifelong journey of learning. The earlier you start, … WebFinancial Literacy. India is among the world’s most efficient financial markets in terms of technology, regulation and systems. It also has one of the highest savings rate in the world – our gross household savings rate, which averaged 19% of gross domestic product (GDP) between 1996-97 and 1999-2000, increased to about 23% in 2003-04 and ... Webfinancial literacy of youngsters in India. (Dr. Monika Aggarwal, 2014)Dr. Monika Aggarwal, Dr. Meenu Gupta (2014), provides a study with the deregulation of financial markets and easier access to credit. The rapid growth of credit cards increases the trend for the financial market products and the government, to take ... open fossil watch