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India Behavioural Finance Questionnaire
India Behavioural Finance Questionnaire
India Behavioural Finance Questionnaire
RESEARCH QUESTIONNAIRE
Section 1: Demographic Profile
1. Name: …………………………….
2. Age: 1 = Less than 35 2 = 35 to 50 3 = More than 50
3. Gender: 1 = Male 2 = Female
4. Current Marital status:
1 = Married, 2 = Single (never married, divorced, separated, widowed)
5. Highest level of schooling / formal education completed?
1 = Intermediate (Std XII) or less
2 = Bachelors Degree/Diploma (Basic or Professional)
3 = Masters Degree/Diploma (Basic or Professional)
4 = Doctoral Degree / Fellowship
6. Employment Status:
1 = Employed in the Government / Semi Government / Public Sector undertakings
2 = Employed in the Private Sector
7. Current monthly income (Gross):
1 = less than or equal to 25,000/- pm
2 = between 25,001/- and 50,000/- pm
3 = between 50,001/- and 75,000/- pm
4 = between 75,001/- and 1,00,000/- pm
5 = more than or equal to 1,00,001/- pm
8. Geographical Zone of Origin:
1 = North India (including UP, UK, Bihar, Delhi, MP, J&K, Punjab, Haryana, etc)
2 = East India (West Bengal, Assam, Manipur, etc)
3 = West India (Maharashtra, Gujarat, Rajasthan)
4 = South India (Tamil Nadu, Kerela, AP, Karnataka)
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Impact of Psychological Influences on Investment Behaviour of Salaried Investors in India
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Impact of Psychological Influences on Investment Behaviour of Salaried Investors in India
18. A promising short-term (less than one year) investment opportunity has come your way.
To participate in it you will have to borrow money. Would you take a loan?
1 = No, I am not comfortable with using borrowed funds to invest
2 = May Be, depending upon the opportunity
3 = Yes, I am totally comfortable with using borrowed funds to invest
19. As a prize winner in a game show, which option would you choose?
1 = Rs. 50,000/- in cash
2 = A 50% chance to get Rs. 1,25,000/-
3 = A 25% chance to get Rs. 3,00,000/-
20. Your company is planning to go public in three years & is offering shares to employees
today, which cannot be sold before three years. The investment has a potential of
multiplying 10 times. How much would you invest?
1 = I will not invest anything
2 = I will consult my financial advisor / overall investment plan, then decide
3 = I would invest as large an amount as possible
21. At the end of one year, you have to deposit Rs 1 lakh to go on a much-awaited foreign
trip. Where will you invest your money in order to reach your goal one year later?
1 = 100% in Equity/ Equity Mutual Funds and 0% in Fixed Income Securities
2 = 60% in Equity/ Equity Mutual Funds and 40% in Fixed Income Securities
3 = 40% in Equity/ Equity Mutual Funds and 60% in Fixed Income Securities
4 = 0% in Equity/ Equity Mutual Funds and 100% in Fixed Income Securities
22. At the end of three years, you have to deposit Rs 10 lakh as the first instalment of your
residential house. Where will you invest your money in order to reach your goal three
years later?
1 = 100% in Equity/ Equity Mutual Funds and 0% in Fixed Income Securities
2 = 60% in Equity/ Equity Mutual Funds and 40% in Fixed Income Securities
3 = 40% in Equity/ Equity Mutual Funds and 60% in Fixed Income Securities
4 = 0% in Equity/ Equity Mutual Funds and 100% in Fixed Income Securities
23. You will be retiring after 25 years and you are creating a pension fund for the same.
Where will you invest in order to fulfill your retirement goals?
1 = 100% in Equity/ Equity Mutual Funds and 0% in Fixed Income Securities
2 = 60% in Equity/ Equity Mutual Funds and 40% in Fixed Income Securities
3= 40% in Equity/ Equity Mutual Funds and 60% in Fixed Income Securities
4 = 0% in Equity/ Equity Mutual Funds and 100% in Fixed Income Securities
24. Before you make specific investment decisions, how often do you:
Never Seldom Someti Often Very
mes Often
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Impact of Psychological Influences on Investment Behaviour of Salaried Investors in India
25. When your investments do not produce the results that you hoped for, how often do you :
Never Seldom Someti Often Very
mes Often
1) make necessary changes to try to 1 2 3 4 5
improve investment performance,
using your own judgment.
2) wait it out, anticipating future 1 2 3 4 5
improvements over the long run?
3) consult with a financial advisor 1 2 3 4 5
before taking any further action?
4) indulge in panic selling 1 2 3 4 5
27. How frequently & with what comfort level do you use computer-based investment tools?
Never Seldom Sometimes Often Very
Often
1) to get investment information over the 1 2 3 4 5
Internet?
2) buy/sell investments over the Internet? 1 2 3 4 5
(Internet trading)
3) use investment analysis/management 1 2 3 4 5
software?
28. Please read the following statements and give your agreement / disagreement:
Strongly Disagree Neutral Agree Strongly
Disagree Agree
1) I believe in actively managing my 1 2 3 4 5
investments through rigorous
sector rotation and active security
selection.
2) I believe in tried and tested 1 2 3 4 5
investment strategies, rather than
trying new and specialized
concepts.
3) I believe that no investor can earn 1 2 3 4 5
better returns than the market over
the long term, so Index Funds are
the best investment.
4) I believe that with an appropriate 1 2 3 4 5
amount of knowledge and effort,
people can become billionaires
through active portfolio churning
and management.
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