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I'm possible play
by varun on Feb 17, 2010 10:57 PM   Permalink

Being a finance student, I fairly understand the meaning of complexity & a persistence play. There can't be a single solution to it, till an individual wants to make a difference.
One of the viable solutions will be to give encouragement for using Plastic Money/ Cards [for an instance Denmark- ppl don't keep Bills/ Cash with them and use plastic cards all the time from daily shopping to car buying]
Advanteges:
1. Firstly, 99% track of an individual's expenditure.
2. Approx. 99% less individual's encounter with fake currency
3. many more
Steps required:
1. A policy to the bank to establish a "fool proof" system for plastic cards
2. Build up individuals trust in using plastic cards
3. Strict policy of checking a photo identity card of a person If mentioned to check it [ * Always write "check photo identity" at the back of your plastic card"
4. Many more which even I don't know..

Guys : If you got some point please mention it.. Its good to create awareness..Jai Hind


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