Write a short essay on the merits and demerits of cashless economy​

Answers

Answer 1

A cashless economy refers to the kind of economy wherein most transactions are carried out in the digital format. You no longer need cash for making payments as there are several wallets, online payment, cards which can make things easier for you.

Merits of Cashless Economy:

Here are the main merits of having a cashless economy:

i. It becomes very easy to pay

ii. You do not need to worry about carrying cash wherever you go

iii. It minimizes the risk of being robbed of your money

iv. It is definitely a dynamic option as far as the economy is concerned

v. It also helps in curtailing black money

Demerits of Cashless Economy:

Following are the main demerits of having a cashless economy:

i. It is very susceptible to increasing cases of cyber crime

ii. It is hard to be used by people who are not educated

iii. It requires basic use of technology

So, one should optimize the use of cashless economy and also educate the mass to spread its use.

Essay on Cashless Economy – In India (Essay 2 – 250 Words)

“Cashless Economy” is the system where all the monetary payments are done by using digital means like internet banking, debit, credit cards, e-wallets instead of hard cash. India was introduced to “cashless economy” in a pronounced way in 2016 when the Union Government led by Shri. Narendra Modi announced demonetization and scrapped the old currency of Rs. 500 and Rs. 1000.

Merits:

“Cashless Economy” promotes electronic payment methods which improves transparency and accountability. Tax collection increases as all the transaction takes place through bank accounts. “Cashless Economy” can strongly mitigate corruption and flow of black money as all the deals can be traced. Online payment comes handy, thus people need not carry cash all the time. “Cashless economy”, is time saving and prevents theft and burglary of liquid cash. “Cashless Economy” endorses paperless environment friendly means, it will save a huge amount of money spent on printing and maintenance of currency.

Demerits:

“Cashless Economy” embodies Digital India, but even now most of the demographic lives in rural areas which are deprived of technological advancements and its knowledge. Small businesses still use cash as they cannot afford digital infrastructures. Hackers and Cyber Crimes are a huge threat to “cashless economy” as most of the digital transactions are vulnerable to these antisocial elements. India is lacking robust and widespread internet connection in all parts of the country which becomes a huge hurdle in practicing “cashless economy”.

Conclusion:

People must be educated about “cashless Economy” and its benefits. “Cashless Economy” can be practically realized in India by providing secure, viable and free internet centers must be provided for such major transactions.

Hope it helped u if yes mark me BRAINLIEST

TYSM


Related Questions

Write an letter to your friend about lockdown​

Answers

Hey, lockdown totally sux! I hope that you are fairing better than me... I love you sweetie lol

-yours forever Markov ;)
I know that lockdown is still on but hope we get to catch up after lockdown , and take care

From : Rina

During vacation we can visit Zion National Park, camp in a secluded spot, and fish in a stream. is the sentence parallel or not?

Answers

Answer: YES

Explanation:

Parallel sentences are included when you use conjugtions like and or or.

Answer:

Yes

Explanation:

The sentence is parallel and I am a 100% sure.

Hope this helps....

Have a nice day!!!!

reasons people might be fascinated by something as dangerous as a nuclear weapon.

Answers

They have the power to destroy the world.
They can wipe out your enemies.
If you are crazy enough to use one of these, your enemies will know not to mess with you.
a nuclear weapon is one of the most dangerous weapons in the world, it could wipe out a ton of people and destroy so much

e) Education should be compulsory and free for all
Citizens why ? Give practical reasons for your
argument.​

Answers

Answer:

Explanation:

People are human resource. They help in converting a substance into a resource. They can do this only if they have knowledge, technology and skill to do so. So they need to be educated. If there is no education, then the people will not get any knowledge , will not acquire any skills and will not be able to develop the technology for the development of the country. In many places, the people do not educate the women. Also the poor do not have enough money for education. This is not right. They also help in the development. So education should me made compulsary and free for all including all men, women, children, rich, poor etc. so that they can also contribute towards the development of the country.

Hope this helps

Plz mark as brainliest!!!!

Declaration of Independence by Thomas Jefferson (excerpt) Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute tyranny over these States. To prove this, let facts be submitted to a candid world. He has endeavored to prevent the population of these States; for that purpose, obstructing the laws for naturalization of foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new appropriations of lands. He has obstructed the Administration of Justice, by refusing his Assent to Laws for establishing Judiciary powers. 1 Select the correct answer. Which statement best describes the claim made in the excerpt? A. Past events have proven that Britain seeks to oppress and control the colonies. B. Facts must be presented that the King is unjust to prove the case against Britain. C. Britain seeks to maintain tyranny over the colonies by preventing land ownership. D. The King of Britain has imposed cruel and unusual punishment on the colonies.

Answers

Answer:

Past events have proven that Britain seeks to oppress and control the colonies.

Explanation:

From this excerpt of the Declaration of Independence by Thomas Jefferson, it is narrated how patiently the American colonies have suffered and how they wish to break free from their colonial masters, the British.

However, he notes that historically, the King of Great Britain has proven to be a usurper who has always been in support of the establishment of tyranny over these States by preventing the population of such States and obstructing the laws of naturalization of foreigners.

The statement that best describes the claim made in the excerpt is that Past events have proven that Britain seeks to oppress and control the colonies

Question #2: Choose the answer that makes the sentence most effective. The delegates cooperated together to design a finance bill. A.with each other B.as a group C.Eliminate this part.

Answers

B. as a group...

The delegates cooperated together as a group to design a finance bill.

Answer:

C

Explanation:

I took the test

Tina shouted at her sister.(Change it into negative)

Answers

Tina shouted at her sister.

Answer:

Tina didn't shout at her sister.

Explanation:

I know you said "Change into Negative". This is the negative form by adding no or not(also n't). Eg:

Positive Negative

did didn't

could couldn't

can can't

would wouldn't

must mustn't

In a sentence:

Samantha slapped her own sister, Anna.

Into negative form:

Samantha didn't slap her own sister, Anna.

NB: Changing into Negative form is easy but somehow trickery. Thank you!

Hope it helps!!Please mark me as the brainliest!!!

Thanks!!!

Answer:

Trina was not silent at her sister.

hope it's helpful to you ❣️✌️

he following is the front page of a pamphlet enclosed with a city water bill:

Save Our Soil, Prevent Erosion

Springfield Municipal Water District

photos by
Steven Cho
Extension Educator

Sponsored by
John Jones Landscaping

Printed by the University Cooperative Extension

Who is the author of this pamphlet?


The University Cooperative Extension


The Springfield Municipal Water District


Steven Cho


John Jones

Answers

The author of this pamphlet is Steven Cho. There was the Springfield Municipal Water District photos by Steven Cho. Thus, option (c) is correct.

What is author?

The writer of the story is referred to as the "author." The author is currently working on getting her manuscript published. The author is expected to compose the story based on her understanding.

According to the givens the details are the based on the Springfield Municipal Water District are the click the picture and the photos by the Steven Cho.

As a result, the author of this pamphlet is Steven Cho. Therefore, option (c) is correct.

Learn more about on author, here:

https://brainly.com/question/9260046

#SPJ1

Editing work occurs first. Check for wordiness and other sentence mistakes before you worry about content. Select one: True False

Answers

Answer:

False

Explanation:

Content comes first before editing of content.  Editing is involved in all aspects of a written work as it starts from the idea generation, development, evaluation, etc.  But without the content, what does the content editor edit?  So content should come first.  It is the content that will be subjected to thorough editing and proofreading and not the other way around.  So, give me the content and leave the editing for me.

Select the correct answer. Which of Dee's actions in "Everyday Use" by Alice Walker is in line with the following description of her character? She was determined to stare down any disaster in her efforts. Her eyelids would not flicker for minutes at a time. Often I fought off the temptation to shake her. At sixteen she had a style of her own: and knew what style was. A. changing her name B. taking pictures of Maggie C. eating chitlins and collards D. marrying Hakim-a-barber E. giving the quilts to Maggie

Answers

Answer:

A) changing her name

Explanation:

I just took a test with this question on it and got it right.

Hope this helps! :)

Eating chitlins and collards is the correct option in Dee's actions in "Everyday Use" by Alice Walker is in line which is given in the description of her character.

What is everyday use?

Alice Walker wrote a short story called "Everyday Use." It first appeared in Harper's Magazine, Since then, it has been widely analyzed and anthologized.

"Mama," an African-American woman living in the Deep South with one of her two daughters, tells the narrative in the first person.

Thus option C is correct.

For more details about everyday use, click here

https://brainly.com/question/8757297

#SPJ2


5. Why is a local government needed? Write two reasons.

Answers

Explanation:

Hey, there!!

Local government is defined as a small administrative body of a conutry which runs the local activities. It controls local activities.

some reasons are:

Local government controls the administration of a particular districts or a particular place.Maintain law and order inside the area.Provides the services to the people locally.

Hope it helps..

Answer

the following reason are

1 they are responsible for vital services for people

2 they provide water, run public school organize police and fire service

mehhhh  i just memorize it sorry if it didn't found helpful

Explanation:

Why does McBeth claim he killed king Duncans guards

Answers

Answer:

Macbeth says he killed the guards out of rage for Duncan's murder because he loved Duncan.

Explanation:

Which option is the clearest example of internal conflict? A. An explorer must overcome his fear of snakes to rescue his friend. B. A heist goes terribly wrong, and the robbers must outrun the cops. C. A squire must prove his worth by jousting with an experienced knight. D. A spy must find the top secret documents before someone catches her.

Answers

Answer:

an actor must decide whether to go onstage with his injury.

Explanation:

Congress as an institution typically has very low public opinion ratings

but people tend to rate their individual representatives and senators

highly. Why do you think there is a disconnect in the way society tends

to view the institution of Congress versus people's elected

representatives? You must include an evaluation of YOUR

congressional representative with at least TWO specific examples of

why you approve or disapprove of his/her performance.

Answers

The second part of this question (You must include an evaluation of YOUR congressional representative with at least TWO specific examples of why you approve or disapprove of his/her performance) is a personal task, and only you can complete it. However, we are able to provide some assistance with the first part.

It is true that Congress typically has a very low public opinion rating, while at the same time people rate their individual representatives highly. The main reason for this is the fact that people tend to think of their individual representatives as personally closer to them.

A person's representative tends to come from the same city or neighbourhood as the voter. Moreover, he tends to campaign in this area. Therefore, the voter is able to see his face, hear his voice and listen to his platform often. This creates a sense of trust and a connection between representative and voter. Moreover, as the voter himself votes the representative in, he is also more likely to be hopeful about his performance. All of these factors lead to people rating their own individual representatives more highly than Congress itself.

pouch meaning in english​

Answers

Answer:

"Pouch" means a small bad where you usually take around.

Woman usually puts in makeup, and men usually adds in keys, and coins!

Hope this helped! Have a nice day!

Answer:

The answer I prefer is

Explanation:

Pouch means something that you keep your personal belongings in.

Hope this helps....

Have a nice day!!!!

Both Seagulls and wild geese are large birds. They're also similar in that both kinds of birds can fly over great distances. On the other hand, seagulls are scavengers, while wild geese aren't. Seagulls, for example, are often found around garbage dumps.

Answers

Answer:

C. while and however

Explanation:

The options are :

A. and and similar.

B. both and difference.

C. while and however.

D. also and hand.

From the above passage, the words that show contrast can be seen in the following sentences:

"On the other hand, seagulls are scavengers, while wild geese aren't. "

The word "while" shows the contrast here.

"Seagulls, for example, are often found around garbage dumps. Geese, however, feed on things like seeds and insects."

The word "however" also shows contrast here.

Therefore, the correct answer is: C. while and however!

The following are all good strategies for note-taking except (1 point)
1.Ojotting down the main idea of a reading passage.

2.drawing up cluster diagrams for every theme encountered.
3.writing down reasons or examples that support a
theme.

4.using any graphic organizers that fit the topic or your own learning style.

Answers

Answer:

The correct answer is Drawing up cluster diagrams for every theme encountered

'Note-taking' is characterized as the process of 'noting down information from plenty of resources.'

All the given options demonstrate effective strategies of  'note-taking' except for:

2). "drawing up cluster diagrams for every theme encountered."

The key purpose of 'note-taking' is to record the information, gather valid reasons or evidence that supports an idea or claim, and giving a structural form to those ideas. The 'drawing of cluster diagrams for every theme' is not considered an effective strategy for note-taking because it would not only highlight unnecessary information but also take excess time. The cluster diagrams are used only once or twice and for certain specified topics in order to present the information in an organized and easy-to-understand manner. Using it for every idea will clutter the focus and create confusion as well. Thus, option 2 is the correct answer.

Learn more about 'note-taking' here:

brainly.com/question/18385440

What positive impacts has technology had on society

Answers

Answer:

Makes live easier.

Explanation:

It helps easy communication simple. Easy to locate each other.

Select the correct answer which elements should be part of the thesis statement for a research paper a your observations about the topic be statistics to support your details Siri questions you have about your topic de antidotes that relate to the subject

Answers

Answer:

a. your observations about the topic.

Explanation:

A thesis statement is a short statement giving your ideas or take on the claim that you are making in the thesis. It is a summarized version stating the main idea of the paper and your views on it.

A thesis statement of any literary or academic paper contains just a few sentences that contain the main ideas dealt or made in the whole thesis. This statement/ section is a form of asserting one's position in the claim made, making one's position clear to the readers and what the whole paper deals with. Thus, the one element that will be a part of a thesis statement must be one's observations about the thesis topic.

Thus, the correct answer is option a.

Which of the following is an extended definition of
petulant?
A Petulant behavior, such as sulking when you don't get your way, is childish and rude.
B Danny was a petulant child, unlike his older brother who was always cheerful. His rude behavior was usually vocal,
ranging from whining to snide remarks to full-out tantrums. Sometimes though, he simply pouted and turned red in the
face. Regardless of how he expressed it, his petulant attitude made almost every family gathering stressful.
C petulant (adjective): irritable and impatient; immature rudeness
D Synonyms of petulant include irritable, sulky, peevish, and cranky.

Answers

Answer:

d

Explanation:

An extended definition of petulant is option D: Synonyms of petulant include irritable, sulky, peevish, and cranky.

What do you mean by word petulant?

The meaning of the word petulant is insolent or rude in speech or behavior, while the word agreeable means pleasant or willing to agree to something. As we can see, those two meanings are very different.

On the other hand, the antonym of the word " petulant" is genial. The word agreeable and petulant are opposites which an antonym means opposite.

Learn more about petulant, refer to the link:

https://brainly.com/question/13556638

#SPJ2

PLEASE ANSWER QUICK!Do you believe that films today are still art? Why or why not?

Answers

Answer:

Yes I do believe films today still have art because art is what you make it. In about every movie there is a soundtrack and that is a form of art. A  movie is a motion picture and someone had to film it so that is art. Art can be so many different things. It's how you interpet it.

Explanation:

5) Could you me some water, please?
A ) take
B pick
C) bring
D) drop​

Answers

Answer:

If the question involves choosing the correct adjective, then the answer is C.

Explanation:

Which root in this excerpt from Horseshoes by Ring Lardner means “strong”? They was one out when Barry hit one through the box for a base. Schang walked, and it was Bush's turn. Connie told him to bunt, but he whiffed in the attempt. Then Murphy comes up and walks—and the bases are choked. Young Joyce had been pie for Tesreau all day or else McGraw might of changed pitchers right there. Anyway he left Big Jeff in and he beaned Joyce with a fast one. It sounded like a tire blowin' out. Joyce falls over in a heap and we chase out there, thinkin' he's dead; but he ain't, and pretty soon he gets up and walks down to first base. Tesreau had forced in a run and again we begun to count the winner's end. Matty comes in to prevent further damage and Collins flies the side out.

Answers

Answer:Choked

Explanation: I think choked us the answer because it represents a strong word for something powerful.

Answer: forced

Explanation:

Among the words presented above, it is forced that is synonymous to the word strong as mentioned in Horsehoes by Ring Lardner. The word forced means something that is subjected to force or strength which means forced is related to the word strong.


Read the following passage:
"Time had not been kind to the abandoned farm. No one had looked after the place for years. Once their parents
died, the kids had drifted off to city jobs, one by one. The walls of the old barn sagged inward. Crisp red had
dimmed to pale pink. Wild daisies poked their heads through the broken windows of a rusting pickup. The
windmill still turned in the dry breeze but most of the blades had long since fallen off."
Identify the topic of the paragraph and what the author is saying about the topic. From that, find the stated main
idea.
Topic: buildings and tools
o What the author is saying about the topic need constant upkeep
Stated main idea: No one had loo he place for years.
Help
3:31

Answers

The topic of the paragraph is the information that the farm and the children were alone in the world.

We can arrive at this answer because:

The topic of a paragraph is the subject that the paragraph is addressing.In this paragraph, the main issue is that the parents of the children, who owned the farm, had died.This death left children and farms abandoned.The fact that the farm hasn't had anyone to take care of it for years is a reflection of the children's situation.

The topic of a paragraph should be something objective and direct, allowing the reader to understand without difficulties.

More information on the topic of a paragraph at the link:

https://brainly.com/question/1126813

What is Cugoano's approach to the topic of slavery in
this passage?

What is Cugoano's purpose in this passage?

The longer that men continue in the practice of evil and
wickedness, they grow the more abandoned; for nothing
in history can equal the barbarity and cruelty of the
tortures and murders committed under various pretences
in modern slavery, except the annals of the Inquisition
and the bloody edicts of Popish massacres.
- Thoughts and Sentiments on the Evil and
Wicked Traffic of the Slavery and Commerce of
the Human Species,
Quobna Ottobah Cugoano

Answers

Answer:

The approach that the author has used in the given passage is by comparing slavery to well-known horrors.

The purpose of writing this passage is to explain that slavery is harmful to society.

Explanation:

The given text is taken from 'Thoughts and Sentiments on the Evil and Wicked Traffic of the  Slavery and Commerce ofthe Human Species' by Quobna Ottobah Cugoano. The essay contains the narrative of Cugoano and the evils of slavery.

In the given passage the approach that Cugoano has used is by comparing the evils of slavery with well-known horrors such as the annals of the inquisition and the bloody edicts of Popish Massacres. The author is comparing how continuing in evil of slavery equals to the Stalin's Postwar Inquisition of Jewish and Popish massacres in France  and England. The author is suggesting that slavery is equal to these horrors.

The purpose of Cugoano for writing thihs passages is to explain the damaging and detrimental affects of slavery to the society. The author is stating that those who continue in the evil of slavery they become more abandoned and isolated from the society. The tortures that slaves go through are barbarious and cruel and are harmful and thus needs to be abolished.

Cugoano's approach to the topic of slavery in  this passage is:

To let people know the horrors in slavery

According to the given question, we are asked to state Cugoano's approach to the topic of slavery in  this passage and his purpose of the passage.

As a result of this, we can see that from the given narration, the narrator talks about the horrors of slavery by comparing them to other well known horrors so that others could relate and se that slavery was indeed evil.

Read more about slavery here:

https://brainly.com/question/25669298

In your own words what does pre-written mean?.

Answers

Answer:

preparatory to writing

: the formulation and organization of ideas preparatory to writing.

In my words it means.. The ways u r writing... what you put in your speech and ideas u have for writing on that specific topic..

Tysm

Is this a correct sentence? Especially if we express opinions they do not agree with.

Answers

Answer:

This is correct

Explanation:

By far I checked it it does not have punctuation errors or anything related

Answer:

no

Explanation:

if you will read this sentence over out loud, you will realize that the sentence is not complete. It needs a subject or something, or a few added words at the end. But it needs something, because it is not complete...

Hope this helps!!

Analyzing Character, Theme, and Plot in Short Stories How do characters and plot develop theme in a story?

Answers

Answer:

The characters and the plot plays a vital role in developing theme in a story.

Explanation:

In literature, a character is any person or inanimate object or animal. A story is made up of several characters such as protagonist, antagonist, dynamic character and so on. The characters of a story play a vital role in development of theme. Each character contributes to the development of theme in unique way.

For instance, in the short story The Ugly Duckling, the character of swans contributed in the theme when the ugly duckling came out to be a beautiful swan. The theme of appearance was developed by these characaters.

The plot is a series of event that takes place in a story. A plot helps to build the storyline. As the plot begins to unfold, it contributes to the theme of the story.

For instance, in the novel Pride and Prejudice, the theme of love was developed as the plot begins to unfold and characters begin to love and marry.

Write a thesis statement using “enjoying really bad movies”

Answers

Answer:

Enjoying bad movies allows a human to tap into their 7 chakras.

Explanation:

"y is x" can be a thesis statement

is can be allows, can, etc. ( a joint word that ties the two parts)

Enjoying bad movies can lead to happiness.

Mark the sentence that is written in PRESENT PERFECT CONTINUOUS correctly: I teach English since five years ago. I'm teaching English for many years. I've taught English since some years. I had taught English since some years. I have been teaching English for five years

Answers

Answer:

I have been teaching English for five years.

Explanation:

Other Questions
Simplify . 7+ the square root of 6(3+4)-2+9-3*2^2 The solution is If Thomas Hobbes lived in this time period, what would they have thought about the French Revolution? Please help! Lorraine and Jake can produce any combination of peaches and nectarines described by the production possibilities curve above using the same amount of resources. Who has the absolute advantage in the production of each product? Explain. Who has the comparative advantage in the production of each product? Explain. Who will specialize in the production of each product? Explain using the concept of opportunity cost. 5511[1202{4+(10+5-7)}] what is population distribution The goal of the Civil Affairs Unit in Sunrise Over Fallujah is to: A. engage the enemy on the battlefront. B. make connections with the Iraqi people. C. provide medical care to Iraqis. D. transport goods to other Units. You cannot solve (America's problems) though thesevarious and sundry alphabetical codes. You can have theNRA and PWA and CWA and the UUG and GIN and anyother kind of "dadgummed" lettered code. You can waituntil doomsday and see twenty-five more alphabets, butthat is not going to solve this proposition.Which of the following logical fallacies is contained in this excerpt?O A. False analogyO B. Straw manO C. Non sequiturO D. Circular reasoning WILL GIVE THE BRAINLIEST. PLEASE HELP. A raffle offers one $8000.00 prize, one $4000.00 prize, and five $1600.00 prizes. There are 5000 tickets sold at $5 each. Find the expectation if a person buys one ticket. Maya wrote the expression 3 + 5 + 4.5 to represent the total distance that she traveled. Which statement best describes Mayas expression? describe one has no event that took place recently and state two effects it had on the people in your area (a) Identify the name of the method used below for the separation. (b) Give one more application of this method of separation. (c) What is the name for the line at position B ? (d) what conclusions can you draw about the colours present in sweets C and D ? Which of the following actions explains why Britain officially entered World War II? The signing of the Pact of Steel between Hitler and Mussolini The German invasion of the Soviet Union The signing of the German-Soviet Nonaggression Pact The German invasion of Poland Which kind of research is most likely to improve the health of theenvironment? g Calculate the maximum wavelength of light that will cause the photoelectric effect for potassium. Potassium has work function 2.29 eV = 3.67 x 1019 J. A company releases a? five-year bond with a face value of? $1000 and coupons paid semiannually. If market interest rates imply a YTM of 8%, which of the following coupon rates will cause the bond to be issued at a? premium? A. 6% B.10% C. 8% D. 5% cost of putting a fence around a square field rupees 35 rupees is 4480 find the each side of the field solve the equation Which function below has the following domain and range?Domain: { -6, -5,1,2,6}Range: {2,3,8) {(2,3), (-5,2), (1,8), (6,3), (-6, 2) {(-6,2), (-5,3), (1,8), (2,5), (6,9)} {(2,-5), (8, 1), (3,6), (2, - 6), (3, 2)} {(-6,6), (2,8)} Brainliest! Jared uses the greatest common factor and the distributive property to rewrite this sum: 100 + 75 Drag one number into each box to show Jared's expression. Brainliest!