Questionnaire on Relevance of plastic money over paper money

Basic information

1) Name: ______________________________________ 2) Address: ____________________________________

3) Contact number: _____________________________

4) Gender : □ Male □ Female

5) Age: □ 18-25 □ 25-35

□ 35-50 □ above 50 yrs

6) Profession: □ student □ Business □ service

□ Government Employee □ other, specify___________

7) Annual income □ 0- 180,000 Rs □ 180,000- 300,000 Rs

□ 300,000- 500,000 Rs □ above 500,000 Rs

8) Martial status □ single □ married

9) No of family member’s □ up to 4 □ 4- 6 □ above 6

Please Tick (√ ) in the box given below the questions to answer :-

Q1.Idea about plastic money? Which?

□Credit card □Debit card

□ATM card □others

Q2.Do you have?

□Credit card □Debit card

□ATM Card □Specific Outlet card

Q3. According to you, which is the most convenient way to pay?

□Cash □card

□both □NO comments

Q4. How do you prefer to pay your utilities Bills?

□ Cash □Card

□ECS □Cheque

□DD □Others

Q5. How do you make payment for purchases of household consumables?

□Cash □Card

□Cheque □ECS Q6. How do you make payment for purchases of luxury and Durable goods?

□Cash □Card

□Cheque □ECS

Q7. While travelling, According to you which is the preferred way of payment?

□Cash □Card □Traveler’s cheques

□Cheque □DD

Q8. Do you find use of credit card/Plastic money to be safest modes of transaction.

□Yes □No □No comments

Q9. Why you do not prefer plastic money? [Answer this question only if answered “No” in Question 8]

□Instable income □lack of knowledge

□Malpractices by outlet owners □Mal practices by Bankers

□Lack of Trust Misuse by other

Q10. Why you do not prefer Paper money [answer this question only if answered “Yes” in Question. 8]

□Fear of Theft □Increasing Duplicity

□Wear And Tear of paper money

Q11. Do you find Credit Card to be expensive as many other charges are charged on it

□Yes □No

Q12. DO you find it cheaper and Beneficial as if gives you one Month Credit for Payment ?

□Yes □No Q13.Which you consider more reliable and secured?

□Paper money □Plastic Money

□Both □No comments

Q14.Which can be carried and kept easy and has more life?

□Paper money □Plastic money

Q15. Due to Duplicity of Paper money are you shifting to Plastic money

□Yes □No

Q16. Which Type of security measurement you expect for stepping misuse of Plastic Money?

□Password □Photo card

□PIN □Biological Imprints

Q17. Do you think that there should be any limit on daily/monthly transaction value?

□Yes □No □No comments

Q18. Do you prefer any add-on-cards on your credit/debit card?

□Yes □No

If Yes then in who’s Name:-

□Spouse □Major Son or Daughter □Parents

Q19. Do you Think that plastic money will penetrate in society more in future?

□Agree □Disagree

Q20. Do you think that more credit card/Debit card transaction in country over cash transaction will help to crab black money circulation in economy?

□Yes □No □No comments

Q21. If you are financial minister of the country, what would you prefer on higher proportion?

□Paper money □Plastic money □Both in equal ratio

Q22. Where do you see the Future of Cash & Credit card/Debit card?

____________________________________________________________________________________________________________________________________________________________________________________