Question

present a counterview on cashless transaction is need need of the hour you can use the following points view 1) easy to use 2)anywhere banking 3)curbs black money 4) no rish of carrying cash 5) saves paper 6) makes the system transparent​

Answer 1

Answer:

it will be helpful to you

Answer 2

                Cashless transaction is need of the hour

Good morning everyone present; I am here to speak briefly on ‘cashless transaction is need of the hour’.

Cashless transaction is need of the hour in this sense that it minimizes black money transactions. Cashless transactions means all the transactions done will be on record. Black money has been a big problem in our country. Black money transactions encourage corruption. Businessmen, corrupt politicians, bureaucrat often condone transactions in return for bribe and financial gains. These transactions are done using cash money, which in 90% cases is black money and which is used for anti- national activities.  

Besides, cashless transactions are convenient, transparent, saves paper, and eco-friendly.  

In order to make cashless society, Indian Government took many steps. Digital India movement was started, BHIM (Bharat Interface for Money), UPI, Internet Banking, etc. The number of transactions done using digital tools has risen many times over. This has led to considerable reduction in corruption.  

Now most of the Indians have Digital Bank account; people use their debit cards more often. The day is not far when almost all transactions will be cashless. This will make India corruption free. Then India will also become one of the most advanced countries in the world.  

Thank you.