IMPORTANCE OF FINANCIAL EDUCATION IN USING VARIOUS FINANCIAL SERVICES: SOME SELECTED BANK CUSTOMERS OF DIBRUGARH TOWN
Journal Title: PARIPEX-Indian Journal of Research - Year 2019, Vol 8, Issue 3
Abstract
Financial education can be defined as the process by which financial knowledge and awareness of any individual can be increased. It is observed that most of the bank customers are not using most of the financial services offered by the banks. In the present context, with the increase in the financial services offered by the banks, it is very important to understand the relation between the financial services and financial education. It is a matter of concern that majority of the people in India, lacking financial knowledge and are not aware about the various services and benefits.Due to lack of financial knowledge, not only the financial market participation is low but also stands as a barrier in achieving the financial inclusion.This paper will be an attempt to study the importance of financial education and use of financial services.
Authors and Affiliations
Dr. Sarat Borah, Munmi Bordoloi
Keywords
Related Articles
- EP ID EP515970
- DOI -
- Views 59
- Downloads 0
THE EFFECT OF NON-SURGICAL PHASE THERAPY ON FASTING SUGAR LEVEL IN TYPE II DIABETIC PATIENTS WITH GENERALIZED CHRONIC PERIODONTITIS
Diabetes mellitus (DM) refers to a group of common metabolic disorders that share the phenotype of hyperglycemia.(Harrison's).Clinically and genetically heterogeneous group of metabolic disorders manifested by abnormally...
JOB SATISFACTION AND ITS IMPACT ON THEIR PERFORMANCE OF EMPLOYEES' IN BHARAT HEAVY ELECTRICAL LIMITED THIRUVERUMBUR, TIRUCHIRAPPALLI DISTRICT.
Happy workers are productive workers and productive workers are likely to be happy. Employee job satisfaction is essential to face the dynamic and ever-increasing challenges of maintaining productivity of the organizatio...
UNDERSTANDING THE PATTERN OF LIBRARY USAGE AMONG THE USERS OF BRANCH PUBLIC LIBRARY IN HUNSUR, MYSORE DISTRICT
Public library is a library that is accessible by the general public and is generally funded from public sources (such as taxes) and operated by civil servants. Public libraries today play an important role in the life o...
Mapping the Trend of Rapes in Punjab and Haryana
Incidences of the heinous crime of rape are reported in the media every day. Such news keep pouring in from different parts of India while the current regime of globalization is hailed by many as heralding the age of exp...
Biochemical Markers and Myocardial Infarction.
Myocardial infarction (MI) continues to be a major cause of mortality and also death at early ages all over the world. This study is undertaken to evaluate the role of biocardiac markers in MI and to identify some reliab...