FINANCIAL LITERACY IN THE UNORGANIZED SECTOR IN PURBA MEDINIPUR DISTRICT OF WEST BENGAL.

The study attempts to look into the status of financial literacy in the unorganized sector of Purba Medinipur district of West Bengal. The focus is to identify any degree of association between the different variables that represent demographic factors and the level of financial literacy. For having a heterogeneous sample representing different parts of the district, multistage sampling method has been applied. First, five blocks of Purba Medinipur district have been chosen, following which one village has been chosen from each of them. Then, ten respondents from each village have been interviewed with the help of a questionnaire. Fisher's Exact Test is used to examine the significance of the association between the two kinds of classification as the sample sizes are small. [ABSTRACT FROM AUTHOR]