Questionnaire

Impact of financial Literacy on investment decision

Age
21-25[ ] 26-30[ ] 31-35[ ] 36-40[ ] 41-45[ ] 46-50[ ] 51-55[ ]
Gender
Male [ ] Female [ ]
Education Level
Intermediate [ ] Bachelor[ ] Master[ ] Post Graduate[ ]
Income Less than 20,000[ ] 20,000-40,000[ ] 40,000-60,000[ ]
60,000 and above [ ]
Ⅰ. PART A
Please evaluate the degree of your agreement with the impacts on your investment decision making:

Extremely Highly Somewhat Somewhat Highly Extremely

FACTORS
disagree disagree disagree agree agree agree
1. I always have a planned 1 2 3 4 5 6
budget for my regular
investments.

2. I rely on financial 1 2 3 4 5 6
advisors for their advices
regarding investments.

3. I am well aware about the 1 2 3 4 5 6

time horizon towards
investment.

4. I am well aware about the 1 2 3 4 5 6

weightage of investment
cost.

5. I am aware about the time 1 2 3 4 5 6

value of money factor
regarding investment.

6. I am well aware about the 1 2 3 4 5 6

risk and return criteria of
investment.
 7. I regularly go through the 1 2 3 4 5 6
news of financial market.

8. I use different source for 1 2 3 4 5 6

financial information like
mobile apps or news
channels.
9. I always take inflation as 1 2 3 4 5 6
a deciding factor of financial
market.

10. I always monitor the 1 2 3 4 5 6

other macro-economic factor
of financial market.

11. I avoid selling shares 1 2 3 4 5 6

that have decreased in value
and readily sell shares that
have increased in value
12. I study about the market 1 2 3 4 5 6
fundamentals of underlying
stocks before making
investment.
13. I always compare the 1 2 3 4 5 6
investment avenues before
any investment.

14. I influence with the 1 2 3 4 5 6

advertisement of financial
services industries.

15. Any good outcomes of 1 2 3 4 5 6

my investment decisions are
due to my own talents

Ⅱ. PART B
Please evaluate the degree of your agreement with the impacts of behavioral factors on your investment
decision making:

Extremely Highly Somewhat Somewhat Highly Extremely

FACTORS
disagree disagree disagree agree agree agree
1 2 3 4 5 6
16. I invest only for good
returns.
17. I consider safety 1 2 3 4 5 6
measures in my investment
plans.

18. I consider tax saving 1 2 3 4 5 6

criteria while investing.

19. I consider past 1 2 3 4 5 6

performance of
stock/shares/bonds while
investing.
20.I change my investment 1 2 3 4 5 6
criteria as per my current
financial status.

21. I consider retirement 1 2 3 4 5 6

plans for investment
purpose.

22. I consider future 1 2 3 4 5 6

uncertainty is a reason to
make investment.

23.I consider risk factor 1 2 3 4 5 6

before making an
investment.

24. I consider insurance 1 2 3 4 5 6

plans as safest mode of
investment.

25. I consider gold and other 1 2 3 4 5 6

commodities for high return
investment.

26. I consider real estate is 1 2 3 4 5 6

an investment avenue where
I can find enough growth of
my investment.
27. I put my current financial 1 2 3 4 5 6
need as priority while
investing.

28. I tend to make decisions 1 2 3 4 5 6

based on stereotypes formed
from experience.
29. Market information is 1 2 3 4 5 6
important for my
investment pattern.

30. I consider proper study 1 2 3 4 5 6

of financial statements
before making investment.

1 2 3 4 5 6