Question

disadvantages of cashless economy

Answer 1

100% Cashless Economical Transactions in India will be possible after 100 years or so as India lives in the villages. Only less than 1 % youth using Cashless Systems. India has 2 Wheels of Economy.1 is Government another is Practical or call it Public Economy.
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Answer 2

Cashless transactions helped in making India digital and made India devolp.It also helped us in demonitisation when it is very difficult to transfer money.But itvhas some disadvantages like if we lose the debit/credit as now many don't keep cash with them they only take cards with them and if they will lose them then it will take much time to issue another.And if u forget your pin number then it will be very difficult for u to pay at a time and few other.

Hope it helped you.....................