Question

Saving habits of rural people project report

Answer 1

People and families attitudes towards cash differ extraordinarily. Individuals have distinctive conduct towards reserve funds and variations in pay levels. There are individuals who trust that cash got today should be utilized to address present issues and the future will administer to itself (spenders).

There are other people who likewise hold the view that regardless of how minimal one's wage is there is the need to save part of that salary (savers).

The investigation uncovers that the greater part of the general population has a place with the agrarian family and that impacts them to hold their surplus wage for future funds.

Their point of investment funds may be utilized for additionally live hood, development reason or for the household needs and future need which eventually prompts national reserve funds.

The national funds make ready for interest in the infrastructural and financial improvement of the nation.

Answer 2

The project involved an analysis of the savings pattern of the rural people. It has been observed that the rural people save money mainly for their social obligations like the education and marriage of their children.

They do not have enough knowledge about the investment in industrial securities, insurance and gold. They prefer to invest in the bank and post office.

They evaluate two factors before choosing their investment option. They consider the safety of the principal and return from the investment.