A STUDY ON AWARENESS OF FINANCIAL LITERACY IN RURAL INDIA
Description: In India 75 percentage of the population are literate but out of which only 24 of the
population are financially literate which means only 24 of the adults understand what
the terms like saving investing budgeting and debt means financial literacy is the
cognitive understanding of financial management and skills such as budgeting
investing saving taxation and even personal finance management and the absence of
such skills is referred to as being financially illiterate so if one person is financially
illiterate then the decisions they make in terms of finance will lead them into crisis that
is why financial literacy is very important through this research we are going to talk
about financial literacy and why it is important the benefits of financial literacy and
what you can do to learn about fine arts and make better decisions.
Keywords: Finance,Literacy,Financial Literacy,Investing