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ISSN 1004-9037
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Edited by: Editorial Board of Journal of Data Acquisition and Processing
P.O. Box 2704, Beijing 100190, P.R. China
Sponsored by: Institute of Computing Technology, CAS & China Computer Federation
Undertaken by: Institute of Computing Technology, CAS
Published by: SCIENCE PRESS, BEIJING, CHINA
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      07 April 2023, Volume 38 Issue 2   
    Article

    FINANCIAL LITERACY AND PATTERN OF SAVINGS, INVESTMENT BEHAVIOR OF RURAL WOMEN: AN EMPIRICAL ASSESSMENT
    MEGHA H U, Dr. Lambodar Saha, Dr. Vineeta Agrawal, Kavita Pareek
    Journal of Data Acquisition and Processing, 2023, 38 (2): 4155-4168 . 

    Abstract

    The drive of this research paper is to examine the study of rural women’s financial literacy along with their knowledge, attitudes, and behaviours, which has considered as the central role permitting people to sort accountable decisions as women’s strive to reach financial happiness. Since, as we stand alone in a developing global financial system in the world financial attentiveness and knowledge is very essential especially in case of rural women. The involvement of the women in economy will pay to their individual wellbeing as well as nation’s economic growth. Females are accountable for the household budget, outlays, and reserves for the emergency fund and also revenue generation. The empirical study evidenced that it has been exposed that rural women’s are not much familiar with the credit card ideology and compound interest rate calculations. Besides, it is also discovered that most of the investors handpicked financial institutions for the reason that of familiarity. Moving further several financial misconducts and fraudulent activities are witnessing in the society particularly in rural zones, due to lack of financial literacy and proper financial information among the individuals. Therefore, the drive of this study is to know the level of financial literacy among rural women in Shimoga District.

    Keyword

    Financial Literacy, Rural Women, Savings, Investment Pattern, Consumer Behaviour


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ISSN 1004-9037

         

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