Financial Assets: This takes the form of currency, bank deposits, shares and debentures, claims on government, mutual funds, national savings certificates, life insurance funds and provident and pension funds.

Improvement in the share of financial assets during this period are attributed to:

i) Increase in household income that has taken place due to economic development and the accompanying distribution and consumption factors.

ii) Expanded infrastructure of banking and other facilities providing increased access to greater segments of the population.