An investigation of the demographic factors affecting financial literacy and its components among urban Indians

Bawre, Snehal; Kar, Sujata

doi:10.1504/ijeed.2019.10022708

Cited by 2 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…16 Hence, the desired sample size is at least 385 for this research. This study was conducted with 500 participants and after data cleaning 480 responses have been finalized for analysis [3]. The target population contains citizens residing in Tamilnadu.…”

Section: Target Population Sample Size and Sampling Techniquementioning

confidence: 99%

“…The research was made on a sample of 480 respondents using both dichotomous questions, and Likert five-point rating scale using a structured and close-ended questionnaire were framed. The research questions are used to collect the data through structured questionnaire valued on a Likert 5-point ranking scale ranging from 1 (Strongly Disagree) -5 (Strongly Agree) [3,16]. The questionnaire is divided based on six parts for convenience of data collection:  The first part includes Awareness of Financial Inclusion Scheme (AFI).…”

Section: Instrument Developmentmentioning

confidence: 99%

See 1 more Smart Citation

Effectiveness of Financial Inclusion and Rural Upliftment: Empirical Evidence from Tamil Nadu

Shankar¹,

Jeyaprabha²

2022

ujaf

View full text Add to dashboard Cite

Financial inclusion is the process of confirming access to financial services and adequate credit at timely, wherever required by vulnerable groups such as low income groups and weaker sections at a reasonable cost. Financial inclusion programme primarily emphasizes on offering secured financial solutions to the underprivileged segments of India without any signs of inequality and unbiased treatment. The main objective of the study is to examine the effectiveness of financial inclusion and rural upliftment with empirical evidence from Tamil Nadu. This research study is descriptive in nature, and target audiences are residing in Tamil Nadu region. Secondly, the sample size of this study represents 480 citizens, and the sampling method adopted is non-probability sampling using judgmental sampling method which is used for the target population. The Likert five-point rating scale questions are used for collecting the data through structured questionnaire. The findings revealed that the intensity of financial inclusion has improved over the years across different districts of Tamil Nadu but majority of districts still fall under the medium inclusion in rural area category. In this research study, it is suggested that financial inclusion generates economic progress and prosperity that drive activities among standard of living increasing across all segments of the society. This result shows that financial inclusion programme is potential and capable to transform the face of the state Tamil Nadu and it travels continuously towards upliftment of each and every individual without a doubt. The future research may consider more dimensions of financial inclusion like perception, engagement, empowerment of citizens and comparative study on different financial inclusion schemes at different regions, as this study is restricted to only (rural upliftment) financial inclusion.

show abstract

Section: Target Population Sample Size and Sampling Techniquementioning

confidence: 99%

Section: Instrument Developmentmentioning

confidence: 99%

Effectiveness of Financial Inclusion and Rural Upliftment: Empirical Evidence from Tamil Nadu

Shankar¹,

Jeyaprabha²

2022

ujaf

View full text Add to dashboard Cite

show abstract

Determinants of Malaysian Financial Literacy: A Financial Socialization Perspective

Rahim

Ali

2022

Acc. Fin. Review

View full text Add to dashboard Cite

Objective - The study aims to examine the financial literacy level of Malaysian households and the role of financial socialization in improving an individual’s financial literacy level. Methodology/Technique – Convenience sampling was used to select respondents in Malaysian households through questionnaires distributed between August and December of 2021 with a total of 132 retrieved responses. Findings - The results indicated that the Malaysian financial literacy level is above average. Financial education and financial socialization significantly enhanced an individual's financial literacy level. Novelty - The study is based on the Social Learning Theory and demonstrated the importance of financial socialization in improving an individual’s financial literacy level. Hence, measures should be taken to enhance the role of social agents (family or friends) in informal financial education. Type of Paper: Empirical. JEL Classification: I22, M29 Keywords: Financial literacy, financial socialization, financial education, drivers of financial literacy, social agents Reference to this paper should be referred to as follows: Rahim, N.M; Ali, N. (2022). Determinants of Malaysian Financial Literacy: A Financial Socialization Perspective, Acc. Fin. Review, 7(1), 51 – 61. https://doi.org/10.35609/afr.2022.7.1(2)

show abstract

An investigation of the demographic factors affecting financial literacy and its components among urban Indians

Cited by 2 publications

References 0 publications

Effectiveness of Financial Inclusion and Rural Upliftment: Empirical Evidence from Tamil Nadu

Effectiveness of Financial Inclusion and Rural Upliftment: Empirical Evidence from Tamil Nadu

Determinants of Malaysian Financial Literacy: A Financial Socialization Perspective

Contact Info

Product

Resources

About