Assessing the Effect of Financial Literacy on Investors Decisions Making
Neha Yadav1, T.V. Raman2

1Neha Yadav, Pursuing PhD at Amity Business School, Amity University Noida, India.
2Dr. T.V. Raman Professor & Head of the Department, Accounting and finance in Amity Business School Noida, India.

Manuscript received on 17 August 2019 | Revised Manuscript received on 23 August 2019 | Manuscript published on 30 August 2019 | PP: 3120-3124 | Volume-8 Issue-10, August 2019 | Retrieval Number: J94500881019/19©BEIESP | DOI: 10.35940/ijitee.J9450.0881019
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Abstract: Indian economy has made its growth at an accelerating pace over the last decade. The study aims to assess literacy level of investors. The association between demographic, socio-economic profile of investors and their financial literacy level has been studied. The study also finds that whether literacy of investors have any effect on decision making of investors. To see the impact of demographic factors on financial literacy level, regression is performed. The result of the study states that decision of investors is significantly affected by literacy and knowledge of investors regarding financial terms.
Keywords: Financial Literacy, Financial Decisions, Investors Financial Knowledge

Scope of the Article: Industrial, Financial and Scientific Applications of All Kind