Vol. 6, Issue 4 (2018)
Awareness and opinion of respondents regarding cash less system
Author(s): Manisha Ohlan and Ella Rani
Abstract: Cashless economy is an economy where transactions can be done without necessarily carrying physical cash as a means of exchange of transaction but, rather with the use of credit or debit card payment for goods and services (Ejiro, 2012). The present study was conducted in Hisar district of Haryana state covering 200 respondents from two localities viz., rural and urban. Results shows that majority of the respondents had heard about demonetization in which ATM as one of the mode of cashless transactions and bank account number is required for cashless transactions. Further, majority of the respondents felt excellent about demonetization and cash less system step taken by Prime Minister Sh. Narendra Modi who also supported cash less economy and believed that digital methods are risk-free and cash less system is helpful in college, curbing black money and corruption in the country. Demonetization had also affected agriculture and has brought access to higher education and healthcare to common man’s reach. Most of the respondents had neutral opinion about mobile apps, while majority of respondents had favourable opinion for cash, bankcards and internet banking.
Pages: 422-425 | 748 Views 96 Downloads
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How to cite this article:
Manisha Ohlan, Ella Rani. Awareness and opinion of respondents regarding cash less system. Int J Chem Stud 2018;6(4):422-425.
