Open AccessA STUDY OF FINANCIAL LITERACY AMONG THE PEOPLE OF NORTH EAST INDIA WITH SPECIAL REFERENCE TO MIZORAM
Author(s) -
Binod Murmu,
P. Singh
Publication year - 2022
Publication title -
epra international journal of economics, business and management
Language(s) - English
Resource type - Journals
ISSN - 2347-4378
DOI - 10.36713/epra9570
Subject(s) - financial literacy , literacy , business , finance , psychology , medical education , economic growth , economics , medicine
Financial literacy is the basic skills, ability and knowledge required to effectively and efficiently manage the personal finance. The study assessed the financial literacy of the 200 respondents of Mizoram and its association with various demographic variables was analysed. The result indicates that majority of the respondents possessed average financial literacy and the very less percentage of the respondents possess poor financial literacy. The findings of the study also show that financial literacy is affected by employment status of the respondents and is not affected by gender, age, income, educational qualification.KEYWORDS: Financial Knowledge, Financial Behaviour, Financial Attitude, Financial Literacy