Financial Literacy in India: Analysis on Key Factors to Increase Financial Literacy

Understanding and Promoting Financial Literacy in India

Abstract

Financial literacy causes people to enhance their dimension of comprehension of financial issues which empowers them to process financial data and settle on educated decisions about close to home back. Financial proficiency is straightforwardly identified with the prosperity of people. Past research recommends that those with low dimensions of financial proficiency confront issues with issues identifying with individual back, for example, reserve funds, borrowings, ventures, retirement arranging and so forth. Over the ongoing years, financial scene has changed extensively getting to be intricate with the presentation of numerous new financial terms.