project 0f 12th class

1. introduction

2. . RESEARCH OBJECTIVE
Following are the main objective of this research project
Toidentify thefactorsinfluencing thegeneral awarenessofindividual stowards usage of
plastic money
Toknowaboutthedegreeofsatisfactionusingcredit/debitcare
Toidentify theproblemsfacedbyconsumersofplasticmoney
Importance:- Plasticmoneyreferstocreditcards,you use themwheneveryouwantandpay later
(withinterest,of course).Itmakesittooeasyfor people tobuy thingstheynormallycouldnotafford,which
makesiteasierto getintodebt
Definition:- A slangphrase for creditcards,especiallywhensuchcardsusedto make purchases.The
"plastic"portionof thistermreferstothe plasticconstructionof credit cards,as opposedtopaperand metal of
currency.The "money"portionisanerroneousreference tocreditcardsas a form of money,whichtheyare not.
Althoughcreditcard
s do facilitate transactions,because theyare aliabilityratherthananasset,theyare notmoneyand notpart of
the economy'smoneysupply.

6. (A) BENEFITS TO THE BANK 14
Advantages:-
a) A creditcard isan integral partof banksmajorservicesthese days.The creditcardprovidesthe following
advantagestothe bank:the systemprovidesanopportunitytothe banktoattract new potential costumers.
b) To get newcustomersthe bankhasto employee special trainedstaff.Thisgivesthe bankanopportunityto
findthe latenttalentfromamongexistingstaff thatwouldhave beenotherwisewasted.
DISADVANTAGESOF CREDIT CARD
a) Some creditcard transactionstake longertime thancash transactionsbecause of variousformalities.
b) The customertendstooverspendoutof immerse happiness.

7. c) Discountsandrebatescan rarelybe obtained.

8. observation