International Journal of Social Science & Economic Research
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Title:
EXPLORING THE FINANCIAL LITERACY OF WOMEN AND ITS DETERMINANTS IN DELHI-NCR

Authors:
Jiya Makhija

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Jiya Makhija
Delhi Public School, RK Puram, New

MLA 8
Makhija, Jiya. "EXPLORING THE FINANCIAL LITERACY OF WOMEN AND ITS DETERMINANTS IN DELHI-NCR." Int. j. of Social Science and Economic Research, vol. 7, no. 8, Aug. 2022, pp. 2494-2511, doi.org/10.46609/IJSSER.2022.v07i08.011. Accessed Aug. 2022.
APA 6
Makhija, J. (2022, August). EXPLORING THE FINANCIAL LITERACY OF WOMEN AND ITS DETERMINANTS IN DELHI-NCR. Int. j. of Social Science and Economic Research, 7(8), 2494-2511. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i08.011
Chicago
Makhija, Jiya. "EXPLORING THE FINANCIAL LITERACY OF WOMEN AND ITS DETERMINANTS IN DELHI-NCR." Int. j. of Social Science and Economic Research 7, no. 8 (August 2022), 2494-2511. Accessed August, 2022. https://doi.org/10.46609/IJSSER.2022.v07i08.011.

References
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ABSTRACT:
Many women earn money these days but sometimes take a step back when it comes to managing it and pass the responsibility to male members of the family. Women also tend to live longer than men, making it crucial for women to be good at using money effectively. Financial literacy is a critical skill for making responsible financial decisions. This study investigates the financial literacy of women, as well as how financial knowledge and behaviour influence financial literacy. It also analyses the influence of demographic factors: age, work status and education on financial knowledge, financial behaviour and financial literacy. A survey was structured to survey 50 women aged 21 to 60 from Delhi, Rohtak, and Gurugram. The findings reveal that women have a mix of low and average financial knowledge and high financial behaviour, resulting in an average financial literacy level. Furthermore, an assessment of demographic characteristics revealed that work status influences financial behaviour but no demographic factor influences financial knowledge and financial literacy. The findings also reveal that financial literacy correlates not only to financial knowledge but also to financial behaviour.

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