International Journal on Science and Technology

E-ISSN: 2229-7677   •   Impact Factor: 9.88

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 16 Issue 2 April-June 2025 Submit your research before last 3 days of June to publish your research paper in the issue of April-June.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 16 Issue 2
2025

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Understanding India's Currency Demand Absurdity: Cash vs. Digital Payment Methods

Author(s) Ashish Kumar, Dr Ashutosh Kumar Mishra
Country India
Abstract The complex dynamics of monetary transactions in India are explored in this research, with a focus on the confusing cohabitation of traditional cash and the rapidly expanding world of digital payment systems. In light of governmental policies, technological developments, and evolving consumer habits, the study attempts to identify the elements influencing the ongoing need for hard cash. The study aims to provide significant insights into the changing financial transactions environment in India by examining the intricacies of this paradox and illuminating the interactions between traditional and digital payment systems. This study aims to give a full explanation of India's Currency Demand Paradox, focusing on the competing yet coexisting realms of cash and digital payment systems. The study tries to explore the complex causes underlying the persisting desire for real cash against the background of transformational government policies and breakthroughs in financial technology. This inquiry tries to unravel the complicated jigsaw that defines India's payment ecosystem through a comprehensive assessment of consumer behaviours, socioeconomic considerations, and the expanding financial infrastructure. The findings are expected to provide useful insights into the continuing story of financial history as well as enlighten stakeholders about the subtle processes affecting currency choices in the Indian market.
Keywords Money Demand, Currency in Circulation, Payment Systems, Payment Paradox, ARDL Model, Monetary Policy.
Field Business Administration
Published In Volume 16, Issue 1, January-March 2025
Published On 2025-03-27
Cite This Understanding India's Currency Demand Absurdity: Cash vs. Digital Payment Methods - Ashish Kumar, Dr Ashutosh Kumar Mishra - IJSAT Volume 16, Issue 1, January-March 2025. DOI 10.71097/IJSAT.v16.i1.2919
DOI https://doi.org/10.71097/IJSAT.v16.i1.2919
Short DOI https://doi.org/g892cr
View / Download PDF File

Share this



CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJSAT DOI prefix is
10.71097/IJSAT

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 15 Isu 4Cover Page Vol 15 Isu 3Cover Page Vol 15 Isu 2

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJSAT
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us Message on WhatsApp +91-9687-182-185 editor@ijsat.org