Kapil Choudhary|Smriti Kamboj|Sakshi Mehta
Financial literacy, investment behaviour and socio-demographic variables: evidence from India
Chaudhary Devi Lal University
paper examines investment behaviour financial literacy interlinked determine impact sociodemographic variables financial literacy investment behaviour study uses questionnaire measure understand level financial literacy investment behaviour 477 respondents india study uses multinomial logistic regression examine survey data findings show one third respondents exhibits higher level financial literacy evidence also shows financial literacy significant positive association age income respondents results exhibit nearly half respondents appear negative investment behaviour category evidence suggests gender residence work situation positively affect investment behaviour respondents regarding linkage financial literacy investment behaviour study documents financial attitude key component financial literacy shows statistically significant negative influence investment behaviour