Main Article Content
Abstract
The development of a country depends on the combination of its social, financial, and economic development (AjimUddin, 2017). Financial literacy is strongly related to socio-demographic characteristics and family financial sophistication (Lusardi, et.al. 2010). Financial literacy of any individual plays a very important role in financial decision. A better financial decision will lead to financial stability of an individual.Among all the religious groups, Muslims are in the least educated section of Indian Society(Post Sachar report,2014).The contribution of level of education plays a very important role in the financial knowledge of an individual. Education is the basic mechanism that develops the social, economic, and cultural enhancement of any communities. The purpose of this study is to know the impact and relationship of socio-economic factors of rural Muslim community on financial literacy. Is there any positive contribution of socio-economicfactors ofrural Muslim community on financial literacy?