IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR
Abstract & Details
Research Area
FINANCE
Keywords
This paper is basically focus on the Impact of cashless society on Indian Economy.
Abstract
A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information (usually an electronic representation of money)between the transacting parties.[1] Cashless societies have existed, based on barter and other methods of exchange, and cashless transactions have also become possible using digital currencies suchas bitcoin. However this article discusses and focuses on the term "cashless society" in the sense of a move towards, and implications of, a society where cash is replaced by its digital equivalent - in other words, legal tender (money) exists, is recorded, and is exchanged only in electronic digital form.
License
This work is licensed under a Creative
Commons
Attribution-ShareAlike 4.0 International License.
Author Information
| # | Name | Institute / Affiliation |
|---|---|---|
| 1 | Dr, Nitin Gupta | ACHARYA VISHNU GUPT SUBHARTI INSTITUTE OF MANAGEMENT AND COMMERCE |
| 2 | SHIVANGI GUPTA | ACHARYA VISHNU GUPT SUBHARTI INSTITUTE OF MANAGEMENT AND COMMERCE |
How to Cite
Use the following formats to cite this article in your research.
APA Style
Gupta, Dr, Nitin & GUPTA, SHIVANGI (2017). IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR. International Journal of Advance Research and Innovative Ideas In Education, 3(4), 2404-2416.
MLA Style
Gupta, Dr, Nitin, and SHIVANGI GUPTA. "IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR." International Journal of Advance Research and Innovative Ideas In Education, vol. 3, no. 4, 2017, pp. 2404-2416.
IEEE Style
Dr, Nitin Gupta and SHIVANGI GUPTA, "IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR," International Journal of Advance Research and Innovative Ideas In Education, vol. 3, no. 4, pp. 2404-2416, 2017.
Vancouver Style
Gupta Dr, Nitin, GUPTA SHIVANGI. IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR. International Journal of Advance Research and Innovative Ideas In Education. 2017;3(4):2404-2416.
Harvard Style
Gupta, Dr, Nitin & GUPTA, SHIVANGI (2017) 'IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR', International Journal of Advance Research and Innovative Ideas In Education, 3(4), pp. 2404-2416.
Chicago Style
Gupta, Dr, Nitin and SHIVANGI GUPTA. "IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR." International Journal of Advance Research and Innovative Ideas In Education 3, no. 4 (2017): 2404-2416.
Turabian Style
Gupta, Dr, Nitin and SHIVANGI GUPTA. "IMPACT OF CASHLESS SOCIETY ON BANKING SECTOR." International Journal of Advance Research and Innovative Ideas In Education 3, no. 4 (2017): 2404-2416.
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