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8 Descriptive Descriptive writing is characterized by sensory details, which appeal to the physical senses, and details that appeal to a reader's emotional, physical, or intellectual..
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This describes my first encounter with the ineffectiveness of standardized testing. The matter of reforming the American public education system has been a major plank of..
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Essay on pros and cons of cashless economy


essay on pros and cons of cashless economy

a result, the Seigniorage is high. So it is going to be long time when India thinks of becoming a cashless economy. Third party can be a government or any other public or private sector bank. Even without embezzlement, the entire process is too expensive as it involves a massive bureaucracy to transport and disburse cash. In cashless economies, only smaller bills will exist for small menial transactions. The average page load time in India.5 seconds whereas in China is just.6 seconds. After reading above 6 points you will conclude India lacks infrastructure for a cashless economy. In Sweden, the government and central bank play facilitatory roles.

Essay on pros and cons of cashless economy
essay on pros and cons of cashless economy

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It seems, then, that the Indian government believes the benefits of a cashless society significantly outweigh its potential issues. Whos Already Going Cashless? And take steps to be with a financial service provider that wont pressure you to sign up for a digital wallet or a biometric. Consequently, they are establishing more long essay on child labour enabling regulatory frameworks. In simpler words no liquid money or paper currency will be used by the people in a given country. However, they cannot any form of transaction mandatory. Finally if there is a power outage especially in India which is very regular then entire system will be affected for long time.


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