Fwd: A Study on the Relevance of Plastic Money over Paper Money with special reference to India

[Vaishnavi Ravichandran]

Hai all,

I am forwarding a questionnaire that I have prepared for my final year project. Please ask any earning member of your family to fill the questionnaire.

Regards,

Vaishnavi Ravichandran

---------- Forwarded message ----------
From: <[hidden email]>
Date: Friday, 14 February 2014
Subject: A Study on the Relevance of Plastic Money over Paper Money with special reference to India
To: [hidden email]

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A Study on the Relevance of Plastic Money over Paper Money with special reference to India

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Name

Age

• 20-30
• 30-40
• 40-60
• 60 and above

Gender

• Male
• Female

Annual Income (in INR)

• Less than 3,00,000
• Between 3,00,000 - 6,00,000
• Between 6,00,000 - 9,00,000
• More than 9,00,000

Place of Residence

Contact Number

According to you, which is the most convenient mode of transactions?

• Cash
• Card
• Cheque

Do you feel transactions through Plastic Money is safe?

• Yes
• No
• Can't Say

For what purchase, do you use Plastic Money as a payment option?

• Durable and Luxury goods
• Travel
• Entertainment
• I don't use cards

Do you feel the use of Plastic Money facilitates easy transactions?

• Yes
• No

Are you aware that the use of Credit Cards gives one month lead time and reward points?

• Yes
• No

Do you believe that we have a Parallel Economy/Black Money prevalent in India?

• Yes
• No
• Can't Say

What are the sources of Black Money?

• Non-Payment of Tax
• Illegal Printing of Currencies
• Land Transactions
• Smuggling

Do you think that the widespread usage of Credit/Debit Card transactions in country over Cash transactions will help to curb Black Money circulation in the economy?

• Yes
• No

Do you think the use of Plastic Cards will help the government create a data bank?

• Yes
• No

What in your opinion will help the government foremost to identify the credit worthiness of the individuals?

• Timely payment
• Adequate bank balance
• No outstanding loans

Will the knowledge of credit worthiness of individuals help banks/lenders reduce their NPAs (Non Performance Assets)?

• Yes
• No

Do you think the credit worthiness brings in self-discipline amongst the borrowers?

• Yes
• No

What according to you, can be the reasons for adopting Plastic Money?

• Fear of losing hard cash
• Easy to carry
• Widespread circulation of duplicate money