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5) It is said that a drastic reduction in the use of cash in an economy has several potential benefits. What are these benefits? India is said to have one of highest cash to GDP ratio. Why is India finding it difficult to move towards a cashless economy? Examine.

Topic: Indian economy – growth

5) It is said that a drastic reduction in the use of cash in an economy has several potential benefits. What are these benefits? India is said to have one of highest cash to GDP ratio. Why is India finding it difficult to move towards a cashless economy? Examine. (200 Words)

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