Abstract
Abstract: Financial literacy is the holding of the set of skills and knowledge that allows an individual to be financially literate enough to make effective decisions. Financial Literacy is becoming a priority area all across the world in present time. The present scenario has made it essential for individuals to be well aware with the basic financial knowledge in order to use their financial resources in an optimum way. The study examines the association between basic financial literacy with demographic factors by using a questionnaire. The data were collected from 65 respondents to test the association. The findings shows that above 50% of the total respondents demonstrate higher basic financial literacy. Although the majority of the people possess basic financial knowledge and manifest positive financial behaviour and remaining respondents exhibit reluctant financial attitude. However, analysis of the demographic factors reveals that certain factors may prevent persons from being more financially literate.
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