As per a survey, India’s financial literacy has jumped to 27 per cent since the launch of basic savings bank accounts in 2013. However, the survey showed financial knowledge is higher in men compared to women. The only category where it has deteriorated is in the income group of over Rs 10 lakh and above where 40% of those polled crossed the minimum threshold score as against 47% in 2013. The survey took financial knowledge, behavior and attitude into account with a minimum threshold score for each segment.