GENERAL INFORMATION:(Please tick the appropriate option)1. Age (in years): ¨ 18-25 ¨ 26-35 ¨ 36-45 ¨ 45 above2. Are you : ¨ Literate ¨ Illiterate 3. If literate, what is you educational background? ¨ Primary education (1-6th grade) ¨ Secondary education (7th grade- 10th grade) ¨ Tertiary education (university /college education)4. What type of business are you in? ¨ Manufacturing ¨ Retail/wholesale ¨ Service ¨ Agri business ¨ Other (please specify) ……………………….
.5. Mode of operation of business ¨ Physical ¨ Online ¨ Both physical and onlineB. SUCCESS OF BUSINESS6.
How long have you been in business? ¨ 0-5 years ¨ 6-10 years ¨ 11-15 years ¨ 15-20 years ¨ Above 20 years7. How many employees do you have? ¨ Less than 10 employees ¨ 11-25 employees ¨ 26-50 employees ¨ 51-100 employees ¨ Above 100 employees8. State your revenue per annum( in rupees) ¨ Less than 5,00,000 ¨ 5,00,000-15,00,000 ¨ 16,00,000-30,00,000 ¨ 30,00,000 above9. When you started your business what were the main obstacles you faced?(can select multiple options) ¨ No obstacles ¨ Resistance from family ¨ A question of self confidence(believing in your abilities) ¨ Financing difficulty ¨ Balancing family and work life ¨ Lack of information/ Advice on how to start an enterprise ¨ Finding right contacts for your business venture ¨ Others please specify ————————————————————10. State briefly on how did you overcome the obstacles faced?——————————————————————————————————————————————————————————————————————————————————————————11. Is the business positioned financially in a growth mode? ¨ Yes ¨ No12. To what extent has your sales revenue changed in the last five years? ¨ Highly Increased ¨ Increased ¨ Remained Constant ¨ Decreased ¨ Highly DecreasedC.MEASURING FINANCIAL LITERACYUnderstanding of funding sources and investments13.
Do you operate a bank account for your business? ¨ Yes ¨ No14. If you need extra finance for your business, are you aware of where you can get it? ¨ Yes ¨ No15. If yes, what is the major source of finance for your enterprise? ¨ Commercial banks ¨ Venture capitalists ¨ Government agencies ¨ family ¨ Micro finance ¨ Other(Please specify)16. Are you aware of the requirements of commercial banks in lending money to your business? ¨ Yes ¨ No17. Other than loans, are you able to access other bank products for your business.(credit cards, bill payment service, fixed deposits) ¨ Yes ¨ No18. Do you invest the surplus cash/ retained income of your business?(yes/no).
If yes where would u like to invest? ¨ Market security ¨ Commercial banks ¨ Government bonds ¨ Chit funds ¨ other Financial planning, budgeting and control (please select appropriate option by ticking the column) Always Often Sometimes Rarely Never 19. Do you use a budget to track spending in your business? 20. Do you compare your financial objectives to your business performance periodically? 21. Do you prepare a written annual budget of income and expenditure for your business? Record keeping 22. What type of records do you maintain? (can select multiple options) ¨ Sales book ¨ Purchases book ¨ Expenses book ¨ Stock book ¨ Debtors book ¨ Creditors book ¨ Cash book ¨ None 23. Are the monthly financial statements prepared( P&L and balance sheet)? ¨ Yes ¨ No 24.
Do you record the transactions manually or use a computer (excel /software) to record it? ¨ Manually ¨ Use a Computer Understanding of business terminology:25. Do you understand the following terms?(Tick those options you are aware of) ¨ Collateral ¨ Taxes ¨ Insurance ¨ Stock market ¨ Credit card ¨ Hire purchase ¨ Inflation rate ¨ Interest rate ¨ Exchange rates ¨ Assets and liabilitiesRisk management26. Is your business insured against risk? ¨ Yes ¨ NoBasic finance related questions- 27. High inflation means the cost of living is increasing rapidly ¨ True ¨ False 28. Time value of money indicates that ¨ A unit of money obtained today is worth more than a unit of money obtained in future ¨ A unit of money obtained today is worth less than a unit of money obtained in future ¨ There is no difference in the value of money obtained today or tomorrow ¨ None of the above.
29. The return which the company pays on borrowed funds is termed as ¨ Dividend ¨ Interest ¨ Bonus ¨ All of the above 30. Current assets are also referred to as ¨ Working capital ¨ Investments ¨ Inventory ¨ Livestock 31. Suppose you have some money.
Is it safer to put your money into one business or investment ,or into multiple businesses or investments? ¨ One business or investment ¨ Multiple business or investments ¨ Don’t know THANKYOU!