A survey conducted by the ING group to gauge the 'financial intelligence quotient' throws up some insights into the behavior of Indian consumers regarding financial planning.
The survey suggests that Indians have the most control over spending. They are also better prepared to face financial emergencies and a vast majority of Indians save for retirement.
** All figures don't add up to 100 because of multiple responses. The survey was conducted in 10 countries across Europe, North America, Latin America and Asia during November-December 2010