Browsing by Author "LHR TP 6913"

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    IMPACT OF SOCIOECONOMIC AND DEMOGRAPHIC VARIABLES
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) NUMAN AHMAD; FA16-RBA-012; SYED ATIF; LHR TP 6913
    The purpose of this study is to determine the impact of socioeconomic and demographic variables on the financial literacy in Pakistan. For this, a survey questionnaire formulated through the variables include age, gender, marital status, occupation, education level, father’s education level, mother’s education level, individual income and family income. Dependent variable, financial literacy was measured through the financial topics; division, time value of money, interest paid on loan, calculation of interest plus principle, compound interest, risk and return, definition of inflation and diversification. The respondents of the survey was student age above 20 years old. 120 of the students participated in this research. The results showed 80% of the male students have high financial literacy and 63% of the female students have high financial literacy. It is also identified that females have less financial literacy as compared with male