Current Affairs - Miscellaneous - Discussion

Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 4948)
4948.
This island becomes first cashless island of the country recently.
Kadmat Island
Neil Island
Baratang Island
Karang Island
Answer: Option
Explanation:
Prime Minister Narendra Modi honoured officials for making Manipur's Karang the first cashless island of the country, and implementing the Goods and Services Tax (GST) and other priority initiatives of the Centre. Karang island, a remote and backward region. It was separated from the Bishnupur district. Incentives were provided for training towards digital payments and five POS machines were installed on the island. Self-help groups and youth clubs were roped in for community mobilization and parallel activities were conducted on the island for Aadhaar enrolment and opening of bank accounts. An online channel was launched to make people aware about digital payments. Due to this effort, 92 per cent of the bank accounts were linked with mobile and 70 per cent of them were linked with Aadhaar.
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