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Which of the following statement best describes the objective of the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana?
  • a)
    To combat black money
  • b)
    To incentivize digital transactions
  • c)
    To enhance demonetarization
  • d)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which of the following statement best describes the objective of the L...
Answer: b
Explanation:
NITI Aayog announces the launch of the schemes Lucky Grahak Yojana and the Digi-धन Vyapar Yojana to give cash awards to consumers and merchants who utilize digital payment instruments for personal consumption expenditures. The scheme specially focuses on bringing the poor, lower middle class and small businesses into the digital payment fold.
The primary aim of these schemes is to incentivize digital transactions so that electronic payments are adopted by all sections of the society, especially the poor and the middle class. It has been designed keeping in mind all sections of the society and their usage patterns. It has been decided that National Payment Corporation of India (NPCI) shall be the implementing agency for this scheme.
 
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Which of the following statement best describes the objective of the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana?a)To combat black moneyb)To incentivize digital transactionsc)To enhance demonetarizationd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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