In India, financial literacy has been at alarmingly low levels over the years. Improving the leve... more In India, financial literacy has been at alarmingly low levels over the years. Improving the levels of financial literacy in a society requires a deep understanding of the socioeconomic and demographic variables that affect it. In order to formulate a national financial education policy, the government needs empirical evidence that indicates the level of demand among people and in specific subgroups. This research paper collected primary data of financial knowledge and behaviour of young students studying in colleges of North India. A binary logistic regression model was developed for the analysis of the socio-demographic variables that affected financial literacy during the recent pandemic. Education of youth, mother's education, family's income and the financial behaviour of parents seemed to have the most impact. Similar studies can be conducted for different geographical areas and different time periods.
Social media and television is always flooded with high profile debates and discussions among cel... more Social media and television is always flooded with high profile debates and discussions among celebrities, politicians and journalists on how some other individual should or should not have talked. Witnessing all this drama surrounding the 'art of conversation' (as it was called by a noted journalist), I observed something.
In India, financial literacy has been at alarmingly low levels over the years. Improving the leve... more In India, financial literacy has been at alarmingly low levels over the years. Improving the levels of financial literacy in a society requires a deep understanding of the socioeconomic and demographic variables that affect it. In order to formulate a national financial education policy, the government needs empirical evidence that indicates the level of demand among people and in specific subgroups. This research paper collected primary data of financial knowledge and behaviour of young students studying in colleges of North India. A binary logistic regression model was developed for the analysis of the socio-demographic variables that affected financial literacy during the recent pandemic. Education of youth, mother's education, family's income and the financial behaviour of parents seemed to have the most impact. Similar studies can be conducted for different geographical areas and different time periods.
Social media and television is always flooded with high profile debates and discussions among cel... more Social media and television is always flooded with high profile debates and discussions among celebrities, politicians and journalists on how some other individual should or should not have talked. Witnessing all this drama surrounding the 'art of conversation' (as it was called by a noted journalist), I observed something.
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Papers by divya ghai