Debate on against the topic "CASHLESS ECONOMY WILL PUT END TO CORRUPTION"
Answers
Answer:
Debate on against the notion "Cashless economy will put end to corruption".
Explanation:
Nowadays, everyone is seen to be chanting the fact that "cashless economy will put end to corruption". However we need to think carefully on this. Corruption cannot be ended in this way. People who have black money will obviously continue to invest money in varied sources under varied names and accounts and it would be foolish to think that they will get noble all of a sudden if they do not have to make cash based transactions. A part of money will still stay un-noticed in the form of other forms of assets like buildings, golds or other form. only a part of thefts and robbery can be checked by making everything cashless however amajor part cannot be supervised still. Assets can be viewed as liquid assets and other forms and the recent modes developed are just an easier and quicker mode of monitoring or carrying out hassle free transactions in day to day life.