A STUDY ON PEOPLE’S PERCEPTION TOWARDS DEMONETIZATION AND CASHLESS TRANSACTION IN SOLAN TOWN OF HP Project Report
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Date
2018
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UHF,NAUNI
Abstract
ABSTRACT
The study conducted on a random sample of 75 respondents selected from Solan Town of Himachal Pradesh in order to determine their perception towards demonetization and cashless mode of transaction has revealed that a majority of the respondents had neutral perception/ attitude towards demonetization and cashless mode of transaction. Only 29 percent of the respondents in case of demonetization and 27 percent of respondents in case of cashless mode of transaction were found to have favourable perception. Flexibility in payment followed by quick mode of payment, privacy of information, convenience/ Comfortability, ease of use in payment and rebate and discount were found to be the prominent aspects while taking decision for cashless transaction. The study implies that sincere and concrete steps need to be taken by the Government authority for promoting cashless transaction among the people, through the use of short duration training programme and mass media approach.
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