International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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AN EMPIRICAL STUDY ON ASSESSING FINANCIAL LITERACY LEVEL AMONG WOMEN IN DELHI NCR

    2 Author(s):  DR. MANISHA SINHA, DR. MADHU GUPTA

Vol -  12, Issue- 8 ,         Page(s) : 126 - 134  (2021 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Financial literacy helps women in better decision making, better management of their finances, and gives them an opportunity to make themselves independent. It empowers them to take informed financial decisions. The present study analyses the level of Financial Literacy among women residing in slum areas of Delhi NCR. The study also evaluates the influence of socio-demographic variables such as age, marital status, occupation, monthly income, and education on financial literacy of women. The primary data is collected through structured questionnaire from 538 respondents using Google form and reveals that the financial literacy amongst these women is generally good and is dependent on marital status, income level and education of the respondents, though independent of their age.

  OECD INFE (2011). Measuring Financial Literacy- Core Questionnaire in Measuring Financial Literacy. Paris: 
  Recommendation on Principles and Good Practices for Financial Education and Awareness, OECD 2005
https://gflec.org/initiatives/sp-global-finlit-survey/
 https://globalfindex.worldbank.org/

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