An Analysis of Impact of Financial Literacy Programmes on Financial Literacy Level of investors in Delhi

Financial literacy, in general, means the knowledge and understanding of financial concepts and ability to make informed decisions regarding money matters. Financial landscape over the years has become considerably complex making the common man vulnerable to increased financial risk. Hence, a need is felt to train the masses on the aspects of finance and investments decision-making. Various government and non-government organizations have spearheaded the task of financial literacy through their programmes. The present study aims to evaluate whether these financial literacy programmes help increase the financial literacy level of the people or not. The primary data for the purpose of the study has been collected with the help of a questionnaire. The data collected from 100 respondents from Delhi region has been analyzed with the help of SPSS. The statistical analysis through student's t-test reveal a significant difference in the financial literacy level of the respondents after attending financial literacy programmes.