Page 47 - 2020
P. 47
M.Phil.
(Social Sciences & Humanities)
A STUDY ON FACTORS INFLUENCING FINANCIAL LITERACY
AMONG COLLEGE STUDENTS WITH REFERENCE TO NORTH GUJARAT
Ph.D. Scholar : Ushma A. Vaghela
Research Supervisor : Dr. Kundan Patel
Regi. No.: 19055131007
Abstract :
Financial literacy means the capacity to manage cash and finance related issues and it is
vital to understand for youth, as we have to tackle it on daily basis and it is helpful to
overcome barriers as well as to take proper decisions regarding financial issues. This
study is conducted with the main objective of finding out the factors influencing financial
literacy among the college students of north Gujarat. In this research 472 samples were
taken from different colleges of different districts of north Gujarat. Convenience sampling
method used to collect the primary data from the respondents to analyze their financial
literacy. Through pre-coded structured questionnaire primary data was collected and
secondary data from the topic related past studies. In this research analyze of student’s
financial behavior, financial influence, financial attitude and financial Knowledge was
done. In this study financial influence, financial attitude and financial behavior are
independent variables whereas financial knowledge is dependent variable. In this
research Primary data was described by frequency whereas Hypothesis of this study was
tested by ANOVA and multiple regression analysis. This research found that the
independent variables like financial influence, financial behaviour and financial attitude
are significant variable. The research concludes that student of north Gujarat is highly
agreed with financial literacy. So, the financial literacy of students of north Gujarat is high.
Key words: Financial Literacy (F.L.), Financial Behavior (F.B.), Financial Influence (F.I.),
Financial Attitude (F.A.), Financial Knowledge (F.K.), College Students, North Gujarat.
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