Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Which initiatives strengthened the government's resolution to go cashless.

(A) Jan Dhan accounts.
(B) Aadhar enabled payment systems.
(C) E-Wallets.
(D) National financial Switch.

Choose the correct answer from the options given below:

Options:

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer:

(A), (B), (C) and (D)

Explanation:

The correct answer is Option (3) → (A), (B), (C) and (D)

In India government has been consistently investing in various reforms for greater financial inclusion. During the last few years’ initiatives such as Jan Dhan accounts, Aadhar enabled payment systems, e –Wallets, National financial Switch (NFS) and others have strengthened the government resolve to go cashless.