A STUDY OF INVESTMENT PORTFOLIO OF SENIOR CITIZENS IN GREATER NOIDA

Abstract

Financial literacy is the capacity to apprehend how money works the global, how someone manages to earn or make it, how that individual manages it, and how he/she invests it. Financial literacy is the capacity to use expertise and abilities to control economic sources efficaciously for a lifetime of a monetary properly-being. approaches each the potential to recognize the way to take an informed as well as the really apt decision on the subject of all of the financial sports. It isn't pretty much markets and investing, but additionally approximately saving, budgeting, economic planning, basics of banking and most significantly, being financially smart. Financially literate individuals could make powerful use of financial services and products; will now not get cheated by means of people promoting monetary merchandise now not perfect for them. Financial literacy aids in improving the great of economic offerings and make a contribution to monetary increase and improvement of a country. RBI has evolved various strategies and adopted programmes to increase a clean manner of economic literacy. Financial literacy is the need of the hour for a rapidly developing nation like India because it assures inclusive growth and sustainable prosperity