Answer the following questions:
i) What steps has the government taken to create a cashless environment in the country?
ii) What are the two important reasons to 'go digital?
1) What are the advantages of making transaction digitally?
iv) What are the two biggest risk in transacting, according to the passage?
v) Give the antonym of 'benefit'.
vi) The word
in para 2 means the same as 'bundles'.
vii) Which of the following is the nearest meaning to 'transaction' in
a) Deal
(b) performance (c) agreement (d) activity
viii) Which of the following words is the synonym of 'leash' in para 6?
a) Restrain
(b) secure
(c) chain
(d) control
para 3?
Answers
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Explanation: Two important reasons to go digital
- Adopting to the digital tools and technologies have far reaching effects.
- Digitalization is the new mantra for the success in business.
- There are many reasons why one should go digital.
- One of the most important reason is it helps in saving valuable time.
- Through digitalization it becomes less time consuming to interact and search new potential customers.
- It becomes pretty effective and efficient and as a result gives a slight edge over its competitors.
- Secondly it helps in gauging the needs and aspiration of customers as they search regularly for requirements through online.
- It makes more so important to have an online presence. which currently the need of the business.
- It becomes easy to communicate and interact with both old and new customers.
Hope this helps.
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Advantages of making transaction digitally
- Digital transaction refers to a seamless system which involves one or more party, transacting without the involvement of cash.
- Digital transaction helps customers to go cashless for the goods and services they want to avail.
- This can be made through mobile, cards or the internet.
- It helps in increased sales, cuts cost, saves time and reduced the cost of transaction.
Hope this helps.
For further details follow the link below.
https://brainly.in/question/18292490
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