Read the following passage and answer the question :

A cashless society describes an economic state where by financial transactions are not  connected with money in the form of physical bank notes or coins but rather through the transfer of digital information between the transaction parties. In India Government has been consistently investing in various reforms for greater financial inclusion. During the least few year an initiatives such as Jan Dhan accounts, Adhar enabled payment system, e-wallets, National Financial switch and others have strengthened the Government resolve to go cashless. Today, financial inclusion is seen as a realistic dream.

What does e-wallet stands for

Electronic-wallet

The correct answer is option (4) : Electronic-wallet

In the given passage, e-wallets are mentioned as one of the initiatives for promoting a cashless society in India. An e-wallet is a digital financial service that allows individuals to make electronic transactions via a computer or smartphone. Based on this context, e-wallet stands for "Electronic-wallet".

Therefore, the correct answer is (4) Electronic-wallet