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Which of the following statements regarding Smart Card programme is NOT correct?
  • a)
    Smart Card programme is called a classic case of the imbalance of power between concentrated losses and diffused benefits.
  • b)
    Smart Card programme reduced payment delays by 19%, increasing MGNREGA wages by 24%, and reducing leakages by 35%.
  • c)
    The return on investment in Smart Cards infrastructure was less than the cost of implementation.
  • d)
    90% of the beneficiaries did not prefer Smart Cards system.
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements regarding Smart Card programme is N...
90% of the beneficiaries preferred the Smart Cards system. Yet, the perception was created that the program was mostly negative. This was a classic case of the imbalance of power between concentrated losses and diffused benefits.
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Which of the following statements regarding Smart Card programme is NOT correct?a)Smart Card programme is called a classic case of the imbalance of power between concentrated losses and diffused benefits.b)Smart Card programme reduced payment delays by 19%, increasing MGNREGA wages by 24%, and reducing leakages by 35%.c)The return on investment in Smart Cards infrastructure was less than the cost of implementation.d)90% of the beneficiaries did not prefer Smart Cards system.e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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Which of the following statements regarding Smart Card programme is NOT correct?a)Smart Card programme is called a classic case of the imbalance of power between concentrated losses and diffused benefits.b)Smart Card programme reduced payment delays by 19%, increasing MGNREGA wages by 24%, and reducing leakages by 35%.c)The return on investment in Smart Cards infrastructure was less than the cost of implementation.d)90% of the beneficiaries did not prefer Smart Cards system.e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which of the following statements regarding Smart Card programme is NOT correct?a)Smart Card programme is called a classic case of the imbalance of power between concentrated losses and diffused benefits.b)Smart Card programme reduced payment delays by 19%, increasing MGNREGA wages by 24%, and reducing leakages by 35%.c)The return on investment in Smart Cards infrastructure was less than the cost of implementation.d)90% of the beneficiaries did not prefer Smart Cards system.e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements regarding Smart Card programme is NOT correct?a)Smart Card programme is called a classic case of the imbalance of power between concentrated losses and diffused benefits.b)Smart Card programme reduced payment delays by 19%, increasing MGNREGA wages by 24%, and reducing leakages by 35%.c)The return on investment in Smart Cards infrastructure was less than the cost of implementation.d)90% of the beneficiaries did not prefer Smart Cards system.e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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