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IJNRD
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
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Impact Factor : 8.76

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Paper Title: Effect of Demographic Factors on Choice of Investment Avenues: A Study with reference to College Teachers in Assam
Authors Name: Narayan Kafle , Dr. Chayanika Senapati
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IJNRD_204631
Published Paper Id: IJNRD2309195
Published In: Volume 8 Issue 9, September-2023
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Abstract: In this paper an effort has been made to study the investment preference of the college teachers in Assam as well as how the select demographic factors have influenced the choice of investment schemes of the respondents. Based on the primary data collected from 384 college teachers working in various provincialised colleges of Assam, the study has found that the college teachers prefer to invest in low risk investment schemes offering fixed income whereas only a few percentages of respondents have made their investment in high risk investment schemes with volatile return. From the result of regression analysis, age and education level are found to have significant effect with respect to choice of low risk investment schemes. Similarly, education level, number of family members and monthly family income are found to have significant effect on choice of moderate risk bearing investment schemes. Finally, age of the respondents and marital status are found to have significant effect on the choice of high risk bearing investment options by the respondents and both of them have negative relationship with the choice.
Keywords: Assam, college teachers, demographic factors, Investment preference, investment schemes, provincialised colleges.
Cite Article: "Effect of Demographic Factors on Choice of Investment Avenues: A Study with reference to College Teachers in Assam", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 9, page no.b819-b830, September-2023, Available :http://www.ijnrd.org/papers/IJNRD2309195.pdf
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ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID:IJNRD2309195
Registration ID: 204631
Published In: Volume 8 Issue 9, September-2023
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Page No: b819-b830
Country: Morigaon, Assam, India
Research Area: Commerce
Publisher : IJ Publication
Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2309195
Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2309195
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016

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