Topic: Functions and responsibilities of the Union and the States
3) According to a new SBI research report, the aggregate of debit and card transactions at point of source (PoS) terminals fell to a little more than Rs 35,000 crore in November, the lowest since February. Why do you think, despite demonetization and aggressive push for cashless economy, card transactions are decreasing? Examine and suggest what government should do to revive card transactions. (200 Words)