A Statistical Analysis of Government Employees' Investment Behaviour in Chhattisgarh State

The foundation of any nation's economy is savings and investment. Capital creation, which they help to create, is what keeps a country's economy going. A nation's capacity to generate income, spend it, save some, and invest it is the bedrock of its economic growth and development. Purchasing an item with the expectation of future financial gain is known as an investment. A key ability that may contribute to financial success for investors is the ability to make sound investment decisions. Research on investment behaviour aims to shed light on the reasoning behind investors' choices by bringing together the fields of psychology and micro-level investing (the decision-making process of people and organisations) with macro-level investing (the function of financial markets). This report makes an effort to investigate the investing habits of Chhattisgarh State government workers. The main objective is to use path analysis to investigate how different elements and biases, such as economics, emotions, financial knowledge, cognitive biases, herding, markets, and risk-taking abilities, affect investor behaviour. Researchers, policymakers, and designers of financial goods and services may all benefit greatly from the study's conclusions.